This is always one of the most interesting of USDA’s monthly supply/demand reports as it is the first to provide the agency’s views of the next crop year as the old crop year draws toward its end.Following is a brief summary of some key numbers from the USDA May WASDE released today:This is always one of the most interesting of USDA’s monthly supply/demand reports as it is the first to provide the agency’s views of the next crop year as the old crop year draws toward its end. By the time the May WASDE is compiled, USDA has a pretty good sense of U.S. and Northern Hemisphere winter wheat production, initial U.S. acreage estimates for spring planted crops, early planting progress, weather conditions and current market prices. It also has some...
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...
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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.