USDA's Outlook Forum got underway this morning where its planted acreage and farmgate price projections were released. Unlike the initial and final estimates, these are based on factors other than producer surveys.USDA’s annual Outlook Forum, a two-day affair, got underway this morning in Arlington, Virginia. This year’s theme is Transforming Agriculture, an all-encompassing topic if there ever was one. Grain and oilseed markets are often quite sensitive to some of the conference presentations, especially those concerning USDA projections of what the planted area will be for the major U.S. crops to be seeded during the coming spring. Typically, USDA releases its planted acreage and average farmgate price forecasts for the next crop year (20...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...