Analysts with a longer-term view of the markets are starting to put together budget worksheets for 2016 crops. The winter farm meeting season is about to embark, and the potential for 2016 profits doesn’t look very good.Analysts with a longer-term view of the markets are starting to put together budget worksheets for 2016 crops. The winter farm meeting season is about to embark, and the potential for 2016 profits doesn’t look very good, based on current new crop prices. Prior to last year, there were six-seven years when there really wasn’t a bad or poor cropping choice in terms of returns per acre. Everything looked good. Cropping choices boiled down to rotational considerations more than anything else. That all changed when markets collap...
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.
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...