Millers and grain traders in Zimbabwe have set a minimum purchase price for local maize of $335/MT, which is lower than the $390/MT that the government has said it will pay. The millers maintain that this price will also allow them to mill locally and compete against low-cost imports. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egyptian authorities report that 2.89 MMT of local wheat have been procured to date. The purchases are said to be running ahead of last year due to the availability of much more storage capacity, and there is speculation that the 4 MMT goal will be purchased well before the 30 June target date. The government also points out that it is actively monitoring the wheat to ensure that it is 100 percent locally...
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.