Soybean and corn prices already have fallen to unprofitable levels for nearly all farmers. The almost certain big crops this year in the U.S. and the likelihood of larger plantings next season in South America will probably result in even greater downward pressure on prices. Fantastic Crops in Northwest Iowa Driving approximately 200 miles across northwest Iowa to make a presentation yesterday in Storm Lake and Sheldon, there is no question that I have never seen better looking corn and soybeans in all my many years working in agriculture. One normally sees a fair amount of variability in the condition of crops. However, there was not one field this time that looked anything short of perfect except for a few where there was poor weed cont...
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: 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...