The corn situation in Argentina is not improving yet, and some are starting to think that the lineups will not ease until at least the end of July. Meanwhile, local prices are still very high compared with the FOB. For nearby shipments, origination is more than +130 CN and FOB is offered at 90-95 CN. Soybeans Soybean exports had a quiet week in Argentina. It is difficult to find any offers there or in Uruguay. Nominal levels for June cargoes are at 35 SN, while July should be trading in the low 40s and August at 50 SN. Offers on the CNF have a big discount versus FOB parity. June was offered at 70 SN (FOB equivalent +7 SN) and July at 80 SN CNF China this week. The CNF market was also discounted from the FOB market last week. It seems tha...
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...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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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.