Predictably, China is now reaping the same results that high-price support farm policies produced years earlier in the U.S. and EU. The Chinese government's reserve now holds enormous stocks of expensive grain that will surely grow larger in 2015/16.The philosopher George Santayana once wrote that "those who cannot remember the past are condemned to repeat it." Although perhaps not what he had in mind, this observation can be applied to the causes and effects of certain national domestic agricultural policies. The political influence of agricultural producers has led some governments to adopt farm policies designed to support their incomes. This happened famously in the U.S. with government programs of high price supports for major field cr...
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.
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...