Expectations of great crop ratings today coupled with few, if any, weather problems continue to pressure corn prices lower. Some analysts are now starting to talk about BIG corn yields and the potential that U.S. corn ending supplies could be much more than the latest USDA number. General Comments Corn was lower overnight, wheat was slightly higher and soybeans traded both sides of unchanged. Volume was light. There just isn't much out there for news, especially bullish. Weather across the U.S. Corn Belt and Northern Plains is mostly favorable. If anything, too much rain is more of a problem today than too little.The market was looking for steady or improving crop condition ratings for corn, soybeans and spring wheat in today's weekly cro...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
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...
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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.