World Perspectives
feed-grains soy-oilseeds wheat

Insane Consumption Growth

World crop production slipped in 2018 from the record levels reached in the previous five years, which masked the fact that world consumption also set records in each of those same years. World soybean production was a record again in 2018, but world production of corn and wheat fell as did that of barley, another important crop. An individual from the wheat flour milling industry was casually looking at the world wheat consumption numbers during a recent meeting, and he was stunned to see that it has risen 100 MMT in just the past ten years. He did some very casual research, comparing that increase with population growth. Although the latter did account for a large part of the consumption gain, the world is consuming more wheat per capita...

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Summary of Futures

May 26 Corn closed at $4.4575/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.7725/bushel, down $0.1425 from yesterday's close.  May 26 Soybeans closed at $11.64/bushel, down $0.0675 from yesterday's close.  May 26 Soymeal closed at $312.9/short ton, down...

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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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