Indications are that soybean shipments to China in October have been steadily declining. Part of the reason is a short-term drop in demand due to the seasonal cycle, but the other component appears to be more significant and could impact soybean imports for the balance of 2014. Oilseeds Letter of Credit Difficulties Slow Imports Conversations with local traders and crushers as well as analysis of recent official data indicate soybean shipments to China in October have been steadily declining. Part of the reason is a short-term drop in demand due to the seasonal cycle brought about by China's own domestic harvest as well as the conclusion of the major fall harvest holiday. The other component, however, appears to be more significant and c...
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...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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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.