President Obama's FY 2014 budget proposal calls for far greater cuts in farm spending than either the Senate or House farm bills. Overall it provides for $22.6 billion in discretionary spending for FY 2014, which the budget document points out is a freeze at FY 2012 levels. It adds an additional $2.436 billion over farm bill baseline spending in mandatory spending programs for FY 2014, mostly in the Supplemental Nutrition Assistance Program (SNAP) and in the Conservation Stewardship Program (CSP).The president's budget plan for the farm bill "streamlines" conservation programs. This includes significant reductions in the Conservation Reserve Program (CRP) by 2016, dropping total acres from the current cap of 32 million acres to 25 million...
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
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.