World Perspectives

The Economy and SNAP

The thorniest political problem yet in completing a farm bill conference between the House and Senate this summer is the Supplemental Nutrition Assistance Program (SNAP). The House bill required that able-bodied adults without dependents work at least part-time to keep their eligibility for SNAP benefits. This created the partisan divide in the House, which was avoided by the Senate when it rejected an amendment that would have added the same language to its farm bill. Now with hard-core advocates against the provision in both chambers as well as for it in the House, the work requirement is a political knot that will have to be untangled. However, given the state of the economy, the debate is becoming increasingly less pertinent to the ope...

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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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