As noted before, it is the U.S. Census Bureau rather than USDA that keeps the official count of grain, soybean and soy product exports. USDA’s FGIS keeps a tab on the volume of grain and soybeans inspected for export each week, and its FAS operates its export sales reporting system. The latter requires exporters to report sales and shipments each week, including for soy products, and it keeps a running tally on export shipments through each crop cycle. The combined USDA data provides timely ways to follow the pace of export shipments, but it is the monthly report on international trade from the Census Bureau, which is based on customs clearance data, that provides the official numbers. There is usually some variation among the export...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
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.