Yesterday we laid out the trends in U.S. fuel consumption as well as the growth in domestic crude oil production. At the same time that report was being drafted, the International Energy Administration (IEA) was preparing its annual World Energy Outlook for release this morning in London, revising its predictions on U.S. crude oil production. The IEA now predicts that the U.S. will surpass Saudi Arabia in crude oil production a year earlier than it had previously projected and become the top producer by 2016 at the latest, rather than 2017. Under the forecast, Saudi Arabia will regain dominance in 2020. Interestingly, the other big gain in crude oil production that will add to global supplies and reduce the dominance of the Middle East in...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.