The recent announcement that Farmland Partners Inc. (FPI) just closed on a purchase of 22,100 acres in central Illinois in a deal valued at $197 million ($8,914/acre average) may explain complaints from farmers that cash rents are not coming down as fast as commodity prices. Buy High Stocks and bonds leave investors disappointed, but Gregory Meyer’s reporting in the Financial Times that many are now switching their money to farmland looks premature. China’s continuing farmland acquisitiveness may make sense given that it is both rich and paranoid about hunger. However, the latest announcement involves Farmland Partners Inc. (FPI), which just closed on a purchase of 22,100 acres in central Illinois in a deal valued at $197 million ($8,914/...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.