Today's markets were greeted with an improved weather outlook for both southern Brazil and Argentina. This has the effect of emphasizing that prospects for the anticipated huge soybean crop remain intact. General Comments Note: USDA's weekly export sales report has been delayed until tomorrow, Friday, due to the holiday.During the market's Christmas downtime, South American weather forecasts have strengthened chances of rainfall over southern Brazil and Argentina next week. Heat and dry conditions will persist in southern Brazil through the weekend, but temperature moderation and increased chances of rain showers should occur by 31 December and continue thereafter for the next week. Argentina has the chance of showers this weekend and bet...
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.