It is springtime, and for those who are involved with or interested in grain and oilseed production, transportation, storage, processing and/or exporting, this is the time when we start looking ahead at each new crop year with greater intensity. Concerns about the current year may still be with us, as is certainly the case in the current 2012/13 crop cycle. We do not ignore whatever may be going on now, but we tend to push it aside as we contemplate prospects for the next crop cycle, which currently is 2013/14. We are in transition from the old crop cycle to the new one.USDA's May WASDE plays a very important role in this transition process. USDA/WAOB analysts usually start their transition process before the rest of us do. In early May t...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...