The RMA employs the FN rating to reduce the APH yields used for crop insurance policies. This year’s problem with the FN scores is in addition to the low yields of recent drought years, putting the APH rating at risk for several years ahead. However, there are several appeals to make an accommodation.Weather patterns this year in the Pacific Northwest (PNW) wheat-producing region may be creating a longer-term crop insurance problem. Temperature fluctuations have caused some wheat harvests to be delayed, which exposes the crop to another risk. When left in the field after it is otherwise fully matured, the grain may start to germinate in the head. Wet weather also causes this to occur. The longer the grain germinates, the greater the formati...
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...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
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.