USDA reduced their estimate for U.S. wheat production to 1,734 million bushels, down 5 million from last month as lower Other Spring and White wheat production is partially offset by increases for Hard Red Winter (HRW), Soft Red Winter, and Durum. The all-wheat yield is 45.8 bushels per acre, down 0.3 bushels from last month. Wheat exports are reduced 25 million bushels to 700 million, on the weak sales and shipment pace to date for HRW, where all the reduction is made. Projected 2023/24 ending stocks are raised 23 million bushels to 615 million - but remain well below the 5-year average of 846 million. The 2023/24 season-average farm price is unchanged at $7.50 per bushel. USDA estimates that global wheat supplies will decline 4.3 million...
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An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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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.