USDA will release a series of reports at 11 a.m. this Friday, 11 January that could have a major impact on markets' directions. These reports -- which include the quarterly stocks as of 1 December, final corn and soybean production estimates, U.S. winter wheat planted acreage and U.S. and world supply and demand revisions -- have been discussed for at least the last two months.As we have stated several times, the most important of these reports will be the 1 December quarterly stocks numbers, which must reflect the final production estimates plus consumption. It is simple. What was in the bins on 1 December 2012 is what we have to work with for remainder of this marketing year.The corn quarterly stocks number is certainly the most importa...
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: 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...