Today's FAS data showing large prevented planting for all three crops adds more confusion than clarity to the issue of how much acreage was actually planted as well as the volume to be harvested.Early this morning, USDA's Farm Service Agency (FSA) released preliminary data on U.S. acreage planted, abandoned and prevented from being planted, based on information collected from various farm program requirements and crop insurance. FSA shows that about 268,000 acres of corn were planted and subsequently abandoned with 3.573 million intended corn acres prevented from being planted. It also indicates negligible soybean abandonment with 1.687 million soybean acres in the prevented planting category. Wheat abandonment totaled 2.709 million acres,...
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...
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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.