Moderate Soy Export Sales Last Week Today's USDA FAS export sales reports showed moderate soy export sales last week. Total soybean export sales for 2012/13 were 321,800 MT and sales for 2013/14 totaled 85,000 MT. The sales for shipment in the current marketing year included unknown (254,700 MT), Netherlands (95,600 MT), Spain (72,100 MT), Mexico (69,100 MT) and Indonesia (12,500 MT). The new sales were partially offset by the cancellation of 241,600 MT to China. Export shipments last week totaled 1,177,300 MT with the main destinations being China (753,900 MT), Netherlands (95,600 MT), Spain (72,100 MT), the United Kingdom (66,000 MT) and Egypt (62,700 MT).USDA today announced additional soybean sales for 2012/13 of 60,000 MT to China a...
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 €...
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.