It was sort of a crazy day for grain and soy markets. The overnight session saw higher prices across the board, and that trend accelerated early in the day session as USDA’s weekly export sales showed net 2015/16 soybean sales of 815,800 MT plus 430,000 MT for 2016/17. General Comments It was sort of a crazy day for grain and soy markets. The overnight session saw higher prices across the board. That trend accelerated early in the day session as USDA’s weekly export sales showed net 2015/16 soybean sales of 815,800 MT plus 430,000 MT for 2016/17. The weekly old crop sales volume was unusually large for this time of the year, and that quickly brought in some buying that ran July soybeans up as much as 13 cents. More than half of the old cr...
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.