The European Food Safety Agency (EFSA) has determined that Monsanto's MON 88302 biotech rapeseed event is safe for human and animal health and poses no threat to the environment. It must still win the approval of the EU Council or Commission in order to be legally imported into the EU. China Sells Only 12.6 Percent of Soybeans Offered in Auction China's Sinograins today was able to sell only 12.6 percent of the 354,726 MT of reserve stock soybeans it offered in its weekly auction. That was down from the 20.3 percent sold from last week's offer. The average price for today's sales was 4,055 yuan/MT ($658.07/MT), 9 yuan/MT lower than last week's average.Analysts say the declining share of soybeans sold at weekly auctions is a result of a st...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
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.