Farmers across the U.S. have been busy planning for the upcoming production season for months. The winter farm meeting circuit is, for all practical purposes, finished. Every analyst from USDA down to individual commodity brokers is projecting a sharp increase in corn plantings with steady to slightly larger soybean acres. Total U.S. wheat plantings are also expected to be up more than 3 million acres from 2011. The table below is the current crop budget worksheet projections for the southeastern corner of North Dakota. This area is now part of the Corn Belt. The yields and costs per acre are from the North Dakota State University Extension Service; the prices are based on current new crop bids to the farmer.There are three things worth n...
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...