Although most expect that the current disparity in Argentina's export taxes will be enough to cause farmers there to continue decreasing their soybean plantings in favor of more corn, Canadian farmers apparently have other intentions. Canadian Farmers Plan Big Boost in Soybean Plantings Statistics Canada issued the results its prospective plantings survey of farmers last Friday, which indicated they intend to plant more canola, soybeans, corn, flaxseeds and oats this year while reducing total plantings of durum wheat, sunflowers, barley and pulses. The survey found the largest increase in plantings is forecast for soybeans, rising from 5.467 million acres last year to 6.956 million hectares this year. That would be a record and an increas...
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...