A recent report in South Africa indicated that the poultry industry needs expanded production of feed maize and soybeans in order to help control prices. While the former is achievable, one factor makes it more difficult to boost soybean production. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Reports from both Europe and Saudi Arabia indicate there is a great deal of international interest in the upcoming sale of the flour milling assets of the Saudi Grains Organization (SAGO). Some experts believe the sale will be held in the third quarter of 2017, but there is no confirmation. SAGO has set up four joint-stock companies, and it is expected that the flour mills will be rolled into them for privatization and that the new owners wo...
Beef packer margins improved to -$130/head last week, up $44 from the prior week as sharply lower fed cattle prices more than offset continued seasonal weakness in the Choice cutout. The cutout declined to $373/cwt while fed cattle prices fell to $238/cwt, allowing packer spreads to recover for...
What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs...
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.