No Food or Jobs USDA Secretary Sonny Perdue stuck with conventional conservativism in at least one of his “principles” for the next farm bill – the able-bodied must work if they are to receive food assistance (food stamps). He also wants to limit those among them without any dependents to 90 days of such assistance unless they work at least 80 hours a month, are in training or enrolled tin education. However, as detailed by Hilary Hoynes, an economics and public policy professor at UC-Berkley, there are too often no jobs available for those receiving the benefits. No Workers, Poor Work The Idaho state legislature is considering legislation that would enable farms to use prison labor if no other workers can be fo...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.