Statistics Canada today released the outcome of a planting intentions survey conducted 18-31 March that showed a surprising result regarding Canadian farmers' plans for the soybean crop. Canadian Farmers Forecast to Plant less Soybeans and Canola Statistics Canada today released the results of a planting intentions survey conducted 18-31 March. It found that Canadian farmers intend to plant less soybean and canola and more wheat, barley, oats, corn, rye, flaxseed, lentils and field peas than in 2014. Specifically, they plan to plant 19.416 million acres of canola and 5.375 million acres of soybeans, decreases of 4.5 percent and 3.4 percent, respectively, compared with last year. Total wheat plantings were estimated at 24.765 million acres...
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.