The projected 2015 net returns per acre, even though still negative for spring wheat and corn and barely positive for soybeans, are far better than they were when futures were at their lows back on 1 October.Crop budget worksheets will be an issue again as farmers start to take a closer look at what they might plant in 2015. The worksheets are simply profit/loss projections per acre of the various crop alternatives, and the university extension services do a great job of providing these tools to producers. All farmers have to do is punch in their own actual numbers and look at the bottom line. The results of course are only as good as the numbers put in the system as you can distort the results by overstating yields or understating costs. T...
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.
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...