Yesterday we wrote about the forthcoming relief funds for COVID-19; today’s press stories are laying out the same scenario based on reports of what is happening at USDA and the Office of Management and Budget (OMB). The expectation is that payments will be made within weeks of the announcement. Like we advised yesterday, the initial round will be $15.5 billion, with a second round in July or August, though it is unclear how things will be divided. We do know that USDA received a forecast from Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri (MU) as the Department was putting together its own estimates and formulas and process for distributing the monies. Below is the farm cash income estimate by c...
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.