Experts in South Africa are saying that the bumper 2017 grain crops will lead to lower prices for dairy products, meat and other grain-dependent items. Because of two previous issues, though, it will take some time for farmers to rebuild their herds, particularly for dairy, beef and pork. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Jordan has announced that the government will buy locally-produced wheat and barley from farmers at “preferred” rates, which has been the past practice. The prices for both were raised about 10 percent from the 2016 level with the government expected to purchase about 30,000 MT. Local grain production totals approximately 70,000 MT annually, less than 10 percent of the country’s yearly requirements. Wh...
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.