Grains Market Overview Last week’s trading in Argentina was shortened as both Thursday and Friday were holidays. Additionally, before the week began, the government announced new measures for an agricultural exchange rate, i.e., recreating the famous “soy dollar”. There was a lot of uncertainty regarding the scope of the new program and at one time it was believed that it could cover other commodities such as wheat, corn, barley, and sunflower, etc. The final policy, however, only applies to soybeans and regional economies, but there are those who think that it may still include other commodities. As always, the government omitted wheat and corn under the guise of "taking care of food prices" (i.e., trying to minimi...
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...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
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.