These estimates were basically all below the average trade guesses. The steep reductions in wheat and canola production were the result of the drought that plagued western Saskatchewan and all of Alberta.Stats Canada released its July production estimates this morning, the first official 2015 crop numbers. These are based on approximately 13,000 farmer surveys that were completed 22 July-3 August. The next production update will be on 17 September. The table below shows today's Stats Canada numbers compared with the record year of 2013 as well as 2014:These estimates were basically all below the average trade guesses. The steep reductions in wheat and canola production were the result of the drought that plagued western Saskatchewan and all...
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...