Last week I was in central North Dakota along with 40 or 50 farmers at a meeting sponsored by the Carrington Area Farm Business Management group. Certainly, current markets were the primary topic of conversation, but it was also interesting that the group's instructor handed out an analysis of the current potential returns per acre for 2013. This particular region in North Dakota (like much of the state this year) had excellent crops. Corn and soybean yields likely set records. It was a very dry summer growing season, but the difference between North Dakota and the rest of the country was that much of the Northern Plains had adequate to surplus subsoil moisture at the start of the season. Most of the Corn Belt has little or no subsoil moi...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...