Scarcely a summer growing season goes by in the U.S. without some sort of adverse weather somewhere over major crop areas threatening to damage crop production. A growing season without the potential for a weather related crop problem is rare indeed. In our memory, in the last 20 years the U.S. summer growing seasons with the fewest weather problems were 1994/95 and 2004/05. Interestingly, both of those two crop years followed years when drought-damaged crop production. But generally the U.S. land mass involved in summer crop production is simply too large to expect good growing weather to prevail everywhere.Last year, 2011/12, weather conditions that were too dry in some areas and too wet in others curtailed crop yields and production. H...
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: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...