It is now past the prime reproductive period for small grains (spring wheat, durum, barley, oats, etc.), and the critical weather period for corn and soybean crops is getting very close. How the latter and several other elements develop over the next 30 days will affect markets. It is now past the prime reproductive period for small grains (spring wheat, durum, barley, oats, etc.). These crops are heading, and conditions have generally not been conducive to even average yields. Keep in mind that their yields have been off-the-charts good in the past three years. Minneapolis wheat futures moved $1.00/bushel higher with barely a pause until Wednesday’s weak close sent a tremor through that market. The map below shows North Dakota’s rainfall f...
What You Need to Know Today: The U.S. conducted “self-defense strikes” in Iran and said the two sides are “close” to negotiating a ceasefire. “Close” is a relative term, however, and even if 95 percent of the terms are agreed to, the remaining 5 percent is l...
As we reported on 19 May, China has also committed to the resumption of U.S. poultry imports from states without confirmed HPAI detections. USDA’s Animal and Plant Health Inspection Service (APHIS) has updated its China export restrictions webpage to reflect that China has lifted HPAI-rel...
Key Takeaways: Brazil has been the second-largest producer of fuel ethanol globally, but almost all of it was derived from sugarcane until recently. Corn ethanol production has increased due to expanded second-crop corn production, sugarcane storage limitations, and biofuel policy. Brazil is e...
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.