U.S. farmers planted the smallest number of winter wheat acres in 2016 since USDA started keeping records in 1919, and they will be even further reduced in 2017. Today’s USDA weekly crop progress report showed that 91 percent of the intended area has been planted. At this point in November, however, the planting season is done for all practical purposes. USDA won’t officially report how many acres of winter wheat were planted until 12 January. The chart below shows the past 20-year history of winter wheat acreage in the U.S. Note the number has dropped nearly 33 percent during this period, and much of this decrease has been in hard red winter wheat across the southern Plains. The following reasons for the ongoing decline are cl...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...