A record 1.2 million electric vehicles (EVs) were sold in the U.S. in 2023. EVs hit a record 8.1 percent market share in the fourth quarter. However, also growing fast and having larger sales are hybrid, using a combination of battery and typically fossil fuels. For agricultural producers, rule changes and a streak of very cold winter weather means the demand for biofuels is not going away anytime soon. Some experts predict EV sales will slow slightly in 2024 as government incentives for consumer uptake are made less attractive, but also because the early adopters have adopted, and the remaining share are watching EV’s struggling with greatly reduced range and long charging times during winter. Meanwhile, some policymakers are pressi...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.