World Perspectives

Looking Ahead at Farmland Values

Crop land values appreciated significantly during the long tail of COVID impacts. It was predictable. Commodity prices were increasing. Inflation was high, with land being a good hedge. Additionally, interest rates were low through 2021 and into Q1 of 2022.  

But with all that changing – moderating inflation, relatively high interest rates, and declining commodity prices - what will farmland value look like moving forward? As of two weeks ago, the Federal Funds futures market was pricing in a more than 97 percent chance of the Fed leaving rates unchanged at its meeting on 31 January, and an expectation that rates will be cut at the 1 May meeting. Nonetheless, higher borrowing and carrying costs have impacted farmers&rsqu...

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Summary of Futures

Jul 26 Corn closed at $4.6925/bushel, up $0.0575 from yesterday's close.  Jul 26 Wheat closed at $6.2975/bushel, up $0.13 from yesterday's close.  Jul 26 Soybeans closed at $11.92/bushel, up $0.135 from yesterday's close.  Jul 26 Soymeal closed at $327.8/short ton, up $8.7 from y...

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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.

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