The market has been closely watching how reform proposals noted in the central government’s No. 1 agricultural policy document will be implemented. Meanwhile, the sharp rise in U.S. cherry exports to China in 2015 may reflect a silver lining in some aspects of the domestic market there. Oilseeds Soymeal Inventories Decrease Sharply in February The drop in utilization rates during the Spring Festival holiday as well as increased feed purchases early in February significantly reduced China’s estimated soymeal inventories throughout this month. As of last Friday, they totaled 620,000 MT, a 350,000 MT (-36.08 percent) decline from the first week of this month and a 730,000 MT drop (-45.92 percent) since the end of January. They are also down...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.