World Perspectives
wheat

WASDE Wheat

Wheat: USDA increased their July estimate for 2023/24 U.S. ending stocks to 592 million bushels, 30 million higher than last month. Winter wheat production is forecast to be higher on larger harvested area and increased yields. The projected season-average farm price is forecast at $7.50 per bushel, down $0.20 from last month.  Global wheat supplies are reduced 0.9 million tons to 1,066 million as lower global production is partially offset by larger beginning stocks. Projected 2023/24 world ending stocks are lowered 4.2 million tons to 266.5 million and would be the fourth consecutive annual decline.  ...

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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.

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