The last week was very surprising for corn in Argentina as well as Brazil and also an important factor in the big heat up in premiums. Despite the size of its expected production, Brazil's market is lacking corn because of reasons that have forced it to import Argentine stocks. Soybeans Argentina’s harvest started just last week and should cover the entire soybean area in the next two weeks. Approximately 250,000 MT were delivered to the ports this past weekend. The harvest is about 2 percent behind last year’s campaign at this same time. Initial results are showing outstanding yields, and it seems that this will be the trend in most areas. Thus, the crop could again be very close to 59-60 MMT, 500,000 more than last projections, although...
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.
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...