MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia’s proposed sale of state-owned flour mills is reported to be slightly more difficult than expected, causing possible bidders to reconsider their interest. It was pointed out in the guidelines issued last week that the majority ownership should remain in Saudi hands, a scenario that most potential bidders do not want. While there have been negative reactions to this requirement, major international grain companies are not commenting on the record. Although a Saudi investment in the mills had been expected, a majority holding was not. The current purge in Saudi Arabia has caused considerable worry in many nations, mainly in East Africa and the Sub-Sahara, that have large investments from...
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...