All corn acres in the U.S. are past the deadline for full crop insurance coverage, meaning that farmers can either elect to take prevented planting payments or plant late and see crop insurance coverage drop for each day past the deadline. 5 June is the latest deadline, mostly in the eastern Corn Belt, and the last day to elect prevented planting is 15 days after. Farmers who elected to take prevented planting coverage were assumed to be ineligible for the Market Facilitation Program (MFP) payments, which are intended to offset the impact of retaliatory tariffs on U.S. crops. Yesterday, however, USDA Secretary Perdue issued the following statement: USDA is not legally authorized to make Market Facilitation Program payments to produce...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.