This Thursday is when that the Federal Reserve's Board of Governors meets next to determine whether or not it will raise interest rates. However, market fundamentals will remain the same even if it does.This Thursday is when that the Federal Reserve's Board of Governors meets next to determine whether or not it will raise interest rates. There's been speculation over this meeting since the beginning of the year, which means almost nothing in the end. Let's put it in perspective. The last time the Federal Reserve increased the federal funds rate was in August 2006 when it was raised to 5.25 percent from the 5 percent target rate set in June of that year. The target rate then dropped to 0.25 percent in December 2008 and has remained there eve...
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...