For the past several years, the U.S. wheat supply/demand outlook and U.S. wheat prices did not mean a great deal to the world market. Cheaper wheat was available from elsewhere, and the U.S. was relegated to being a marginal supplier. 2016/17 promises to be different, however.There were no major surprises in USDA’s quarterly stocks and small grains reports of 30 September. By far, the biggest deviation from market expectations were the 1 September wheat stocks of 2.527 billion bushels, the largest since 1987 and about 100 million bushels higher than the average trade guess. Under different circumstances, this might have qualified as a bearish surprise. However, with ending U.S wheat stocks for 2016/17 already forecast at 1.1 billion bushels...
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.