Argentine soybean quality is a concern this season as the first deliveries to the ports showed protein below 32.5 percent. This is a potentially serious problem, but most sellers have managed a way to deal with this in their contracts. Weather Factors Argentina's corn and soybean harvests are progressing at a good pace in dry weather. The soybean harvest is more than 10 percent complete there and the pace remains active, while it is almost finished in Paraguay and estimated to be almost 78 percent complete in Brazil. Preparations are also getting underway in Argentina for winter wheat planting. The conditions for that are varied as soils in the important regions of Buenos Aires Province and the eastern portions of Santa Fe are becom...
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...
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.