Unsurprising to those in the rice trade, Bangkok is now indicating that it will be dumping millions of tons of surplus rice onto the world market. PLC Told You So WPI warned months ago (see "Farm Bill Rewrite," 13 October) that farmers would likely lean toward choosing the farm bill's Price Loss Coverage (PLC) option for risk protection and that this would blow up the law's budget forecast. Now the Congressional Budget Office (CBO) has issued a report echoing this prediction. The CBO estimates that only around a third of corn acres and even less of wheat will enroll in the Agriculture Risk Coverage (ARC) (shallow loss revenue coverage) program. Instead, most of these farmers will choose the high PLC guaranteed prices due to the outlook f...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.