We've been in a period of low interest rates and high commodity prices that have helped drive up farm real estate values. Now the Federal Reserve is considering an exit strategy on its low interest rate and loose monetary policy of the past six years.According to recent quarterly agricultural surveys released last week, Federal Reserve bankers in the Midwest and Great Plains predict the obvious: decreasing land values and lower farm incomes. Persistent drought in the Plains states is also playing a role as the value of non-irrigated farmland dropped 1.4 percent in the first quarter of 2014 from the fourth quarter of 2013. Meanwhile, irrigated farmland values actually rose, but only by 0.5 percent. Moreover, high quality grazing pastures hel...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
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.