In a surprise move yesterday, Senator Joe Manchin (D-West Virginia) signed off on a budget reconciliation bill with a number of tax provisions and more than $400 billion in spending. Manchin had opposed the level of spending and taxes given the inflationary climate and sluggish economic performance. He also opposed the anti-coal and natural gas provisions. This bill, while boosting green energy, approves a natural gas pipeline through West Virginia. The package has been dubbed the Inflation Reduction Act of 2022. It is a scaled down version of last year’s $3.5 trillion Build Back Better package. About 10 percent of the spending is agriculture – or at least rural - related. About half of that is for “climate smart ag...
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.