World Perspectives

Breaking Down Farm Income for 2019

Farm income is projected to increase in 2019, which would be the third year in a row of growing farm income, but the reason for the most recent two years’ increase is because of government payments. • Net cash farm income is projected to be $112.6 billion, which is down 16 percent from the record run of 2012-2014 average, but up 7 percent from last year. • Gross income for 2019 is down only 7 percent from the three year 2012-2104 average (less than half of the net income drop) and is up only 2.1 percent from last year.   • Additionally, farm real estate debt is way up.  At $257.1 billion, it is up 4.6 percent over last year and up 39 percent over the 2012-2014 average. • Farm cash operating expen...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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.

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