World Perspectives
wheat farm-inputs

Thoughts from a Montana Farmer

The spring wheat harvest is quickly winding down, and a large farmer from eastern Montana recently sent some comments about his crop and what he (and his neighbors) are thinking these days.The spring wheat harvest is quickly winding down. Last Monday’s weekly crop progress report showed it was 40 percent complete compared with the five-year average for this date of 35 percent. Montana was 39 percent finished with North Dakota and South Dakota at 36 percent and 37 percent, respectively. Wet weather this past week hampered the harvest in central and eastern North Dakota as well as western Minnesota.Following are some general observations regarding the hard red spring wheat crop that are based on farmer reports as well as actual grain inspecti...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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