USDA is initially forecasting Brazil’s and Argentina’s soybean harvested area in 2017 will increase by 900,000 hectares and 50,000 hectares, respectively. However, this is doubtful for several reasons. A Further Look at Soy Components in USDA May WASDE Report This month’s USDA WASDE report (released 10 May) surprised the trade with a large decrease in its U.S. 2015/16 soybean ending stocks projection. The drop from 445 million bushels to 400 million bushels resulted from increases of 35 million bushels in exports and 10 million bushels in domestic crush. While the forecast is still sizable, it is a clear signal that the trend is downward. If there is any significant shortfall in production this year in the U.S., China or India, world stoc...
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.