While wheat production has declined in the U.S. over the last two-three decades, it has expanded elsewhere in the world. That U.S. wheat should still be the world wheat trade leader may seem surprising in some respects.The process of creating a new farm bill grinds along toward its apparent conclusion in Congress with the stickiest issues being the dairy program and the amount of funding for the Supplemental Nutrition Assistance Program (SNAP). For many of us, today's SNAP will forever be the food stamp program with only a peripheral connection to traditional farm policy issues at best. The current farm bill debate and its legislative process are reminders to some of us old farm bill veterans of how greatly things have changed. It used to b...
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.