News Updates EGYPT UPDATE The new government in Egypt has issued a formal invitation to the IMF to resume talks on the $3.2 billion loan. The finance minister made the announcement to the press shortly after all members of the president's cabinet had been sworn in. The loan is needed to avoid any budget funding shortfalls and to help with balance of payments schedules.Egypt's trade deficit is said to be running at $35 billion, with the country's exports dropping by 14 percent as its export business for fertilizer, clothing, fruit and dairy products shrank. Egypt's imports are up by close to 20 percent, with the major areas being petroleum products, steel and grains. As a result of the recent grain price increases, the import costs will mo...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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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.