Surprise election outcomes in the U.S. and Europe as well as political chaos in South America have set the stage for potentially volatile foreign exchange markets, which could impact food and commodity prices despite relatively stable supply/demand fundamentals.The primary election this past weekend in France is yet another in a string of intriguing political developments around the world that started on 22 November 2015. This is when Mauricio Marci, the then-mayor of Buenos Aires and a member of the Republican Proposal Party (PRO), won the presidential runoff in Argentina against Daniel Scoli, the then-governor of Buenos Aires Province and candidate of outgoing President Cristina Fernandez’s Front for Victory Party (FPV). Although Scoli ha...
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...