Brazil’s soybean market is rebounding after weeks of weakness, and soybean production estimates are finalized in Argentina. Soybeans Brazil Brazil’s market was very slow during the first half of June. Demand from China did not show up because there were plenty of soybeans arriving at its ports. The Chinese preferred to wait and allow stocks to rebuild before taking further action. June shipments from Brazil will probably surpass last year’s (7.5 MMT total and 5.3 MMT to China), which would put the first half of the year at a record export volume. On the other hand, soymeal stocks in China are record high this year, while demand is taking only spot positions at discounted levels. It is clear there will be no shortage of soybeans with the...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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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.