USDA reduced the 2023/24 season-average U.S. farm price of wheat by $0.10 lower to $7.20 per bushel. The global wheat outlook for 2023/24 is for larger ending stocks compared with last month. Global supplies are raised 3.6 million tons to 1,056.5 million. Increased stocks for Russia, Ukraine, and Saudi Arabia more than offset a decrease for China. Global ending stocks for 2023/24 are raised 1.8 million tons to 260.0 million primarily on increases for the EU and Ukraine...
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.
It is easy to get overwhelmed by the debates surrounding farm policy and crop production, especially the current back-and-forth about regenerative agriculture. Regeneration appears to be the word of the decade, the one that won’t go away. Its ubiquity cannot be ignored; in the same way we...