General Comments USDA reported that as of last Sunday, 84 percent of the U.S. corn harvest was finished and 91 percent of the soybean harvest was complete. Both were about as expected. In another week or so, the 2013 harvests will be history. However, given the late spring planting and the checkered growing season weather, the harvest results have to be counted as outstanding. We imagine there will be considerable study devoted to determining how such outstanding results were achieved, and we also imagine that the extended growing season this fall must receive some of the credit.Total export inspections last week were again very large. FGIS inspected a total of 109,134,000 bushels of grain and oilseeds for export. During the last two w...
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.