World Perspectives

Crop Program and Crop Insurance Timeline

USDA sets the crop insurance price guarantees based on the average settlement for December corn futures and November soybean futures during the month of February. Farmers can at least lock in those prices at 75 to 85 percent coverage and can purchase buy-up harvest price coverage. The harvest price is the average of the October close of the same contracts. As of Friday, December corn futures averaged $4.75 per bushel, down from last year’s crop insurance price guarantee of $5.91 per bushel. The harvest price was $4.88 per bushel.  November soybean futures averaged $11.74 as of Friday, down from last year’s crop insurance price guarantee of $13.76 per bushel. The harvest price was $12.84 per bushel.   Right...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

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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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