Livestock China Looks to Reduce Dependence on Imported Feedstuffs Last Friday, 14 April, China’s Ministry of Agriculture and Rural Affairs (MARA) rolled out a three-year action plan aimed at reducing soymeal in animal feed. This announcement is part of the country’s recent efforts to secure a stable supply of food and agricultural products. The recovery in live hog production post-African Swine Fever (ASF) as well as growing demand for beef, dairy, poultry, and aquaculture products has driven up feed prices in the past two plus years. With domestic production unable to match the growth, there exists a sizable imbalance between supply and demand that has left China very dependent upon imports of corn, sorghum, soybeans, h...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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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.