Drought Implications The drought has brought with it a variety of explanations and proposed solutions. The Great Drought of 2012 A drought is loosely defined as a lengthy period of sub-normal rainfall usually accompanied by above-normal temperatures. By that definition, the United States is in the grips of a searing drought. At this juncture we can say that the severity of 2012 drought is nearing that of other major droughts, and we can predict with confidence that its damage will be very costly. Very Tight Soybean Supplies The 2012 calendar year has seen an unprecedented decline in global soybean production as a result of droughts in South America, the U.S. and potentially one in India. As a result, global demand will have to be ratio...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
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.