Drought Implications The drought has brought with it a variety of explanations and proposed solutions. The Great Drought of 2012 A drought is loosely defined as a lengthy period of sub-normal rainfall usually accompanied by above-normal temperatures. By that definition, the United States is in the grips of a searing drought. At this juncture we can say that the severity of 2012 drought is nearing that of other major droughts, and we can predict with confidence that its damage will be very costly. Very Tight Soybean Supplies The 2012 calendar year has seen an unprecedented decline in global soybean production as a result of droughts in South America, the U.S. and potentially one in India. As a result, global demand will have to be ratio...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
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.