Overnight trading of CME grain and soy futures was more active than has been the case for much of the last several weeks. Due to the Monday holiday in the U.S., last night was the first opportunity for some traders in Asia and elsewhere around the world to respond to USDA’s reports of 12 January. Trading began after a spotty weekend of weather for Argentina and Brazil. The predicted rains did fall over Argentina, and some locations benefited from good amounts. However, they were disappointingly light over quite a number of other areas. Forecasts for the northern half of Brazil indicate warmer and drier conditions than normal for the next 10 days. Soil moisture should be adequate for now, but it will be rapidly lost if the forecast is...
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.