According to the May edition of the Purdue University Ag Barometer, farmers see farmland values remaining high and are likely to scale back on planned equipment purchases and investments in farm buildings and grain storage. The barometer is based on monthly surveys of 400 producers to gauge their economic sentiment each month. Each quarter there is an in-depth survey of 100 agriculture and agribusiness thought leaders. The overall index is at its lowest since September 2020; both the outlook for current conditions and future expectations were lower than in April (though higher than most months since 2018). Short-term land value expectations were down slightly from the April outlook, dropping from the April index of 159 to 157 in May;...
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.