USDA’s array of January reports will be released on 12 January. They will include: the last estimates of the average yields and production for the 2017 U.S. corn and soybean crops from NASS; the January WASDE with updated U.S. and world supply/demand estimates; the quarterly stocks reports as of 1 December; and the estimated U.S. winter wheat planted acreage for the 2018/19 wheat year. Each of these significant reports will have its own story to tell, but combined they represent the single biggest “data dump” of the year from USDA. Traders and analysts of the physical commodities as well as the futures markets they underlie will study the reports to see if they support previously drawn market-related conclusions and to dis...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.