Wheat This week Argentina saw low intensity rains, but they again fell on areas that at this moment do not have any need of the moisture. On the other hand, the western portion of the agricultural area and a large part of the nucleus region continue to suffer with no rain. Many farmers have already lost the sowing window and are moving directly to summer crops while others are seeing their wheat sown with moisture at the lower limit of what is possible. Now is the time when producers decide whether to fertilize or not. Fertilizing is expensive, and to do so and then not have rain is to increase economic losses. With weekly progress of almost 10 percent, wheat planting is already over 80 percent of the expected area. Rain in t...
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.
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...