USDA released its April 2016 WASDE today. If anything, the report carried a slightly bearish tone. Despite this, markets traded strongly higher today, both before and after the report’s release on considerations that had little to do with it.USDA released its April 2016 WASDE today, and the changes made were generally small and about as expected. Nevertheless, every WASDE is important. USDA’s monthly estimates of crop production along with supply/demand estimates for the U.S. and the world as a whole as well as for important producing and consuming countries within world totals are unique. Knowledgeable observers are aware that these supply/demand estimates are moving targets subject to a wide variety of ever-changing factors, but they also...
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.