USDA's October WASDE with revised estimates of 2012 U.S. corn and soybean production estimates will be released Thursday (11 October) morning. In this year of drought-damaged crops and potentially tight supplies, each new set of estimates from USDA has the potential to be a market mover, and thus they command great attention. In general, it appears that market consensus expects the October soybean production estimate will be somewhat higher and the corn estimate to be unchanged to slightly lower than last month. What stands out, however, is the wide range of differing production estimates among private analysts. Literally, the spread between the high and low estimates of corn production among private observers is at least 1 billion bushel...
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.