Estimates of what U.S. farmers might plant in 2017 are already emerging, although it is very early to play this game as the 2016 corn and soybean harvests are not yet complete. Nevertheless, there is a general theme.Estimates of what U.S. farmers might plant in 2017 are already emerging, although it is very early to play this game as the 2016 corn and soybean harvests are not yet complete. Nevertheless, analysts need something to think and write about during these periods when other, more exciting news is absent from the marketplace. The general theme seems to be that corn will lose acres, which soybeans will gain. A number of private analysts believe that such a shift could total as much as 3-4 million acres.The tables below are just a ver...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.