As surely everyone in the world must know by now, USDA will release a number of important reports on Friday, 28 June. These include USDA's survey-based estimates of planted acreage for spring seeded crops and the 1 June quarterly estimates of stocks of grains and soybeans. The main questions regarding this week's USDA planted acreage estimates surround what changes to the mix of acreage among various crops have occurred as a result of the late spring planting season and of course, the influence, if any, of changing price relationships.The generally good weather of the last two weeks (except for the northwest Corn Belt) and the outlook for more of the same have improved USDA's weekly crop condition ratings. This has taken away much of the...
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: 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...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...