In many respects, the U.S. wheat year of 2013/14 will be a strange one. Much of the hard red winter (HRW) crop was planted in drought conditions last fall. It struggled through very dry winter dormancy and a spring growing season that was only eased by spotty spring rains. USDA estimates HRW production at 791 million bushels, down more than 200 million from last year, and some private analysts think USDA's estimate is too high. Because of wet conditions in the Northern Plains, most of the hard red spring (HRS) crop was planted and is maturing very late with only 18 percent harvested at last report versus an average of 38 percent. USDA estimates HRS production will reach 475 million bushels, down 30 million from last year. On the other han...
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: 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...