If there is a constant in the world of agriculture, it is the countless attempts by participants to forecast the future. In a sense, individual farmers are predicting the future at least for the next 6 to 12 months whenever they sink seeds into the ground or propagate livestock and poultry. Farmers who plant items such as fruit trees and vines are looking at expected conditions several years ahead. Those predictions most certainly include weather, crop prices plus general market conditions if bankers are involved. Financial investments of any kind having to do with the infrastructure of agricultural production, transportation, processing and marketing require a conscious analysis (forecast) of the future conditions that justify such...
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.
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...