Wheat Dry weather and a sweltering heat wave allowed for a rapid advance of the wheat harvest and an even earlier harvest date in the southern part of the agricultural area. Farmers harvested an additional 19 percent of the area last week, putting the total harvest at 42 percent completion. Yields are averaging just 1.9 MT/ha across the nation so far and there is a lot of heterogeneity. Some fields are yielding above expectations while many are below. In the Cordoba zone, yields are 30 percent below historical levels, while in the nucleus region they are up to 60 percent. Most crop estimates put the final production between 11 and 12 MMT, below USDA’s December WASDE forecast of 12.5 MMT. So far, the quality of the wheat is goo...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.