Warmer winter weather last year and to date this year is driving higher-than-normal natural gas storage inventories despite demand from the power sector, and two developments may put even more of it on the market to the benefit of the agricultural and fertilizer sectors as well as others.Domestic natural gas production totaled about 73.1 billion cubic feet per day (Bcf/d) for the first eight months of 2016, 1.3 Bcf/d less than during the same period last year. Nonetheless, the U.S. Energy Information Administration (EIA) indicates natural gas in storage reached a record 4,017 Bcf as of 4 November, and that total is now higher. Generally, inventories have been greater than the five-year average for 48 of the past 52 weeks and are currently u...
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.