Bumper corn and soybean crops along with low prices have caused Brazilian farmers to hold back a larger-than-normal share. Largely limited to using silo bags, one crop is favored because of several factors. Indian Vegoil Imports Rose Sharply in May In a Bloomberg survey of five oilseed industry officials, the average estimate of India’s vegoil imports in May was 1,322,000 MT, a 29 percent increase compared with 1,024,878 MT in May 2016 but less than the 1,339,489 MT imported in April 2017. Last month’s palm oil imports were estimated at 798,000 MT, a 21 percent increase compared with 657,454 MT in May 2016. Meanwhile, soyoil imports were 91 percent higher at an approximate 340,000 MT with sunflower oil imports at about 155,000 MT versus 1...
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.