This morning I spoke with a Central Illinois farmer who said that weekend rains were less than expected. It seems that weather talk is starting to bloom. I asked that same producer for his opinion about forecasts for U.S. corn planted acreage being above 95 million acres. He said that such an enormous acreage forecast made sense to him because of high leasing rates across the Corn Belt. I was surprised by his very confident stand. I wrote an article in the February Ag Review justifying my open prediction that a rally in soybean prices could snatch acreage away from corn. We seemed to be having the necessary rebound in soybeans as the November soybean/December corn spread for 2012 shot up back above 2.30. As a result, I was fairly confiden...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.