The U.S. Energy Information Administration (EIA) has issued its Winter Fuel Outlook. It includes data regarding propane, the cost of which is a a major input item to many agricultural and livestock operations, particularly poultry houses.According to the U.S. Energy Information Administration (EIA), propane prices have started the current winter heating season (October 2016-March 2017) at levels similar to last year’s decade-low rates.Propane costs are a major input item to many agricultural and livestock operations, particularly poultry houses. An irrigation unit engine can burn up to 5,000 gallons per season, while crop dryers and livestock housing can use 20-30,000 gallons. Inventories are near the high end of five-year averages and just...
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.
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...