There is a general expectation that any potential production shortfalls in the eastern Corn Belt this season will be more than compensated by the western section. The result could be some variability in basis within different regions of the Corn Belt during harvest.The recent weather here in Iowa has been wonderful in contrast to the planting season this past spring when there were multiple regions around the state dealing with excess moisture. Since then, weather probably couldn’t have been much better for finishing the crops because there have been timely rains but no excessive heat. The lack of measurable rainfall this month has allowed the harvest to progress nicely.It is difficult to find anyone in central Iowa complaining about yields...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.