Congress will be preoccupied with fiscal matters this year. The following is a short look at the fiscal timeline that will dictate the upcoming schedule for the first part of 2013.In its letter to the House Budget Committee, the OMB noted that the delay and gridlock over fiscal policy has only yielded more delay and gridlock. The letter, which was a response to House Budget Committee Chairman Paul Ryan's letter of inquiry asking if the budget would be presented on time, averred that the president's proposal would be delayed. This underscores that the aforementioned deadlines-- except, maybe, the debt limit deadline -- are not all that hard and fast. For example, no budget resolution has been passed by the Senate (or the full Congress) for...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.