In the closing days of the year, it is standard procedure for commentators to put forth their lists of the best, worst or most important items of the past 12 months in their particular areas of interest. We have compiled a somewhat different sort of list related to agriculture and markets, which is highly subjective as it relates to topics from 2017 that we find especially interesting and hope that clients may find them to be as well. 2017 U.S. Corn and Soybean Yield Performance Unless USDA/NASS makes unexpected substantial changes in the final yield results in the 12 January WASDE, the U.S. national average corn yield (175.4 bushels/acre in November) will be the highest on record. The average soybean yield (49.5 bushels/acre in November)...
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...