Sinograin to Secure Corn Procurement for Reserves Sinograin has repeatedly improved corn procurement in north and northeast China since last fall. Further, it is estimated that by end of February, the total purchase volume reached 12.61 MMT. However, due to the high moisture content and lower quality of corn this year, Sinograin has had to lower procurement standards, especially in northeast China. Industry insiders said that the corn quality Sinograin purchased this year is lower than last year's and that it might end up selling the grain to industrial processors in the future. In addition, Sinograin claimed that about 2.5-3 MMT of the corn imported to China have been set aside for reserve stockpiles.Sinograin, China's grain reserves co...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.