As we noted yesterday, the $3 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act amends the CCC Charter Act to allow assistance to agricultural processing plants in the event of a public health emergency in order to assure the continuation of markets for agricultural commodities. The bill is scheduled for a vote today at 5:30 pm and is expected to pass, largely on a party-line vote. Specifically, the proposal would provide $0.45 per gallon of ethanol produced from 1 January 1 through 1 May 2020. Further, producers forced offline for one or more calendar months during this time would qualify, at USDA’s discretion, for the same payment based on half the volume produced during the corresponding mo...
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.
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...