Each year USDA/NASS conducts a Farms and Land in Farms survey regarding economic demographics. The results are usually released in time for USDA’s annual Outlook Forum every February. (ERS released the results of its 2017 survey on 16 February.) Farms are defined as “any place from which $1,000 or more of agricultural products were produced and sold or normally would have been sold during the year.” The data is broken down by farm size and the amount of gross income from sales of agricultural production. Farmland includes owned or rented land, land in conservation programs, pastures, woodland and wasteland (if part of the overall farming operation). There was a history of U.S. farm consolidation throughout most of the 20t...
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.