Many of the soybeans that were inundated by the floods in Argentina will not survive, and it is almost too late to replant. While the situation is different in Brazil, farmers there are being urged to take steps to address a different potential issue. Floods Again Damage Argentina’s Soybean Crop In mid-December, the greatest risk to Argentina’s soybean crop was drought. This is a common late season problem there, and a sizable share of the growing area was experiencing dry weather at the time. All that changed over the holiday season when a large part of the country was inundated by heavy rains, similar to what occurred in March and April of last year. The areas most impacted by the recent flooding were the entire provinces of Cordoba and...
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...