While apple shipments to China pale in value and volume compared with other commodities, they are an important proxy for value goods as this fruit is a premium product versus China’s domestically-grown Fuji variety. It is also interesting to note that China has quickly broadened as a market for organics. Oilseeds Strong Feed Demand Continues to Drive Down Soymeal Inventories With demand from feed mills remaining robust (see pricing chart below), China’s estimated soymeal inventories fell even further last week. As of last Friday, they totaled 570,000 MT, a 50,000 MT decrease from the previous week and 220,000 MT lower than the same week a year ago. Among the surveyed regions, soymeal inventories declined in the north and increased in the...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.