It will now take more than a record yield per acre to again start talking about 2014-15 corn ending supplies exceeding 1.5-1.6 billion bushels.We've gone from wondering what we were going to do with the massive increase in corn ending supplies and how many years corn would be cheap to now starting to express a little concern about the importance of another big corn yield in 2014. It has all transpired since the unexpectedly small 1 December corn stocks number that was confirmed with the 1 March quarterly stocks number released on 31 March. The last somewhat bullish inputs were the large increase in the export forecast and greater-than-expected reduction in corn ending supplies in Wednesday's USDA WASDE.In an analysis last month on the poten...
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.