General Comments The December meeting of the Federal Reserve's FOMC was expected to be pro forma, but it developed into something more. The Fed redefined and expanded its bond buying program that is intended to keep interest rates at the current historically low levels. The Fed intends to buy $45 billion of long-term Treasury notes and $40 billion of mortgage bonds each month. That is a total of $85 billion that the Fed will print up and pump into the economy each month.Heretofore, the Fed promised to keep interest rates low indefinitely, perhaps through 2015, but it did not reveal what measures it would use to determine whether to stay that course or whether to change its policies. However, in an effort towards transparency, the Fed pub...
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...
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.