News Updates EGYPT COMMENTS GASC Vice Chairman Nomani Nomani last week said there is no reason to be concerned about supplies of wheat or wheat flour and that state wheat stocks are sufficient to cover all needs until late June. Nomani also said that GASC does not have any financial problems that would limit wheat purchases or payments. However, the government's recent inability to promptly pay for imported fuel supplies does concern international grain traders, and some are worried that the lack of available funds could affect other departments, perhaps even GASC. But according to GASC, the agency has the financing it needs in hand prior to opening any tender, so there is no risk to international sellers or the people of Egypt.Meanwhile,...
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.