USDA’s forecast for U.S. corn use in 2020/21 may be as over-optimistic as its prediction for 2019/20 corn exports, but at this juncture prices have not worked as low as WPI is thinking they should go. In relative terms, the 2020/21 stocks to use ratio is well below levels experienced in the mid-1980’s and no one wants to relive those days. They required the introduction of supply controls and involved a lot of bankruptcies. More instructive from the historical perspective is that large ending stocks eventually decline but sharp drops are not the norm. The 70 percent drop between 1982/83 and 1983/84 was due to one of the most severe droughts of the century and not because of a miraculous burst in demand. This may not even...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
The Olympic marmot (Marmota olympus) is a rodent in the squirrel family, Sciuridae. It occurs only in the U.S. state of Washington, at the middle elevations of the Olympic Peninsula. The closest relatives of this species are the hoary marmot and the Vancouver Island marmot. In 2009, it was decl...
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.