The Senate Agriculture Committee today released a draft of the 2012 Farm Bill, which is being credited to both Chairwoman Debbie Stabenow (D-Michigan) and Ranking Minority Member Pat Roberts (R-Kansas). The proposal is similar to the product that was put forth for the Super Committee process, with $23 billion in total deficit reduction -- $10 million less than what the House Budget resolution calls for. As Gary Blumenthal wrote in Thursday's Policy Roundup, the House yesterday met its reconciliation obligations by cutting virtually the whole amount from the Supplemental Nutrition Assistance Program (SNAP), sort of side-stepping any further programmatic debate about farm programs. The SNAP cuts are a non-starter in the Senate. The Senate C...
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...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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
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.