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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...