A survey of Ag Perspectives readers suggests the 2016 U.S. corn yield will exceed both 2014’s record and current USDA projections.What will the 2016 U.S. corn yield be? Many analysts, traders and crop forecasters across the world are attempting to answer this question right now. Weather and yield models are being built, run, adjusted and re-run, and the resulting projections are as plentiful as this year’s crop! World Perspectives took a different approach by asking our readers about their own private forecasts.Ag Perspectives readers are forecasting an average yield of 170.1 bushels/acre from a range of 165-173 bushels/acre; the majority (68 percent) pegs it at between 169 and 173 or higher. If realized, a yield of 170.1 bushels/acre would...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.