The Buenos Aires Grain Exchange recently toured the region south of Buenos Aires and estimates that 150,000 hectares have been entirely lost to flooding. This acreage consists of 60,000 hectares planted to wheat and 90,000 planted to barley. Soybeans There is presently no wait time at the port of Paranagua for soybeans. This is a result of the recent drop in Chicago soybean contracts, which is making Argentine and Brazilian soybeans totally uncompetitive against the U.S. where prices in the U.S. Gulf for September are $318/MT and $308/MT CNF.Planted acreage in November and December could be substantially different in South America because soybeans are the least expensive crop to plant. Unlike their U.S. counterparts, farmers there manage...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.