The Farm Foundation held a conference on the farm economy this week and following are key points made by the presenters. American Farm Bureau Federation Chief Economist Dr. John Newton: • Farm Income: Excluding government payments (which will represent a third of farm income), net farm income in 2019 will be $69 billion, and in 2019 inflation-adjusted dollars, it will be in the bottom 50 percent of all time. With $33 billion in government payment and insurance receipts, farm income will be $88 billion in 2019, among the top 30 percent of all years on an inflation adjusted basis. • Bear Markets: 1919 to 1947 (22 years); 1948 to 1972 (23 years); 1973 to late 1980’s (13 years); and 2013 to ? (six years and counting). •...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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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.