World Perspectives

Reorganizing in Congress – Potential Moves Among Aggies

Congress will return to Washington this week to kick off the post-election lame duck session of Congress. The docket is busy with only 12 joint legislative days left and government funding set to expire on 20 December. And the Farm Bill is set to expire on 31 December unless an extension can be passed before then.With the change in party control in the Senate, there will be some reshuffling of committee assignments and new chairmen in place. On the Agriculture Committee, Ranking Republican Representative Glenn Thompson (R-Pennsylvania) is expected to become chairman in the next Congress which convenes in January. That might not be the only change in committee leadership, however.Current Chair David Scott (D-Georgia), aged 79, has been suffe...

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Please see attachment...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat on Profit Taking, Tariff Talk; Cattle Hit $200 for First Time

Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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