Western Canada's producers will have several other issues to deal with as a result of the excessive rains. These could include another low protein spring wheat crop and the potential for some vomitoxin issues both in barley and spring wheat.The Canadian Wheat Board (CWB)-sponsored crop tour across western Canada last week pointed toward a much smaller crop than the enormous record crop of 2013. This wasn't a total surprise to the trade as last year's yields were simply incredible. The table below compares last week's crop tour yield estimates with the actual 2013 results:In addition to the sharply lower spring wheat and canola yield estimates, the tour attempted to determine how much land did not get planted across western Canada because of...
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.