Wheat Weather conditions continue to work against the Argentine wheat crop. Rains are still absent and soil moisture levels are depleting rapidly. Forty-seven percent of Argentine soil is rated as “dry”, up from 42 percent last week, and 53 percent is rated as “favorable”, down from 58 percent one week ago. Additionally, the impact of the frost that occurred a few weeks ago is appearing, and there will be yield losses. The northern part Argentina’s wheat growing area has started harvest and yields are below expectations. Given this scenario, it is difficult to continue predicting a crop of 18-18.5 MMT. Many in the industry are estimating the final crop could be as small as 17 MMT. The wheat markets are...
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.