Argentine Minister of Agriculture Ricardo Buryaile has signed a resolution aimed at stopping companies from collecting royalties on their patented biotech seeds with one exception. Flooding Results in Argentine Soybean Losses The soybean harvest underway in Argentina has stalled in parts of the country where excess rainfall caused flooding as well as losses, which some analysts have estimated may ultimately equal 5 percent of total production or about 3 MMT. They indicate the damage may be even greater if the rains do not stop soon. The states most impacted thus far have been Entre Rios, Santa Fe and Cordoba.Only about 14 percent of Argentina’s soybeans have thus far been harvested. Therefore, it likely will be weeks before the extent of...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.