Several exporters in Argentina expect the export program to end soon because of the drop in soybean production. Offers started to decrease this week, but they remain far behind the buyers’ target. June is offered at +25 SN with July at +28 SN and demand around +15 SN for June/July shipments. Soybeans A second consecutive week with no rain in the region brought a better scenario to Argentina and Uruguay. The harvest is still far behind last year’s numbers as Argentina was able to collect only 30 percent of the area (35 percent less than the last campaign). With a majority of the crop yet to be harvested, the production estimate currently remains at 56 MMT.Argentina was able to load only 500,000 MT in April versus the 1.5 MMT program for th...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.