Argentine corn premiums are coming down slowly from the high 50s to 48-50 CK for April and May shipment. It seems there are various buyers awaiting 40-45 CK, and a large number of trades will probably occur at those levels. Soybeans The market in Brazil returned to a very quiet mode as Chinese demand disappeared after a few weeks of strong activity. The rise of CBOT reduced the crush margins, and buyers withdrew all interest. The slight movement that was observed was all on the spot market only. Trades were mainly for February and March, and the situation with the former is getting interesting. There are several traders with sales commitments as full February, but many of them are facing vessel delays that may be extended. This generated...
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.