Yesterday’s Corp Conditions report from USDA reflected the positive impact recent precipitation has had on crops, with conditions for corn, soybeans, and spring wheat all rebounding. That, as expected, pressured markets overnight but that weakness was short-lived as new weather threats continue to emerge. The 1-3-day precipitation outlook features heavy showers for the southwestern Plains and southeast Corn Belt but very light volumes elsewhere, most notably drought-beleaguered Iowa, Illinois, and Missouri. Additionally, the forecast turns much hotter and drier for most of the major crop-producing regions over the 6-10 and 8-14-day forecasts. That hot, dry trend will occur as the last half of the corn crop pollinates and soybeans hit...
What You Need to Know Today: The U.S. and Iran exchanged strikes, with the U.S. hitting Iranian bridges, energy sites, and military infrastructure. Iran launched a missile into Kuwait that damaged a desalination plant. Crude oil futures surged on heightened Middle East tensions, providing supp...
Key Takeaways: The EU heatwaves have coincided with key maize crop reproductive timing and featured high nighttime temperatures, a cruel two-sided blow to maize yields. France, much of western Europe, and Hungary have suffered the worst of the heat, with yield potential collapsing. WPI&r...
Congress returned this week from its Fourth of July recess, with another break scheduled for the month of August, to face a busy agenda before adjourning for the August recess. Congress has several priorities, including the National Defense Authorization Act, a potential third reconciliation pa...
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.