The latest bearish exercise in the corn market is talk that the early planted 2012 corn crop also will be harvested early. That certainly makes some sense, although it will all depend on weather. The warm and dry early spring has turned cool and damp, and that will slow emergence and the rate of growth. What happens with temperatures and moisture going forward is still a guessing game. Some estimates for "early" corn filling the gap from very tight old crop supplies to large new crop supplies are as high as 400-500 million bushels. That number is then added to the current old crop ending supply estimate. The last step is to twist the old crop corn outlook from bullish to bearish because of the perception that the early harvest will signif...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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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.