USDA’s survey-based Costs and Returns analysis for U.S. crops will not be updated until 2 May 2022, but it already looks like farming is more profitable than it was. Crop values are higher, but so are input costs, especially for fertilizer and chemicals. Still, based on back of the envelope estimates, the value of growing corn will go up the most. Wheat production still shows a negative outcome, but these are national average numbers, and a lot of wheat is grown on marginal acres. The final numbers may prove to be quite different, but they are still likely to be an improvement. ...
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.