Thoughts are quickly starting to shift toward the potential for 2017 acres and how that might translate into U.S. production and ending supplies in MY 2017/18. Thoughts are quickly starting to shift toward the potential for 2017 acres and how that might translate into U.S. production and ending supplies in MY 2017/18. This week Informa updated its guestimates, forecasting corn acres will drop to 90.1 million acres in 2017 from 94.3 million acres in 2016 and winter wheat acres will decline to 33.2 million acres from 36.1 million acres. It is also projecting soybean acres will increase to 88.9 million acres from 83.6 million this year. These numbers are mostly in line with those that WPI and many other analytical groups have been considering...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.