Egypt has released an announcement regarding the allowance of 13.5 percent moisture in wheat instead of 13 percent that had been put in place to allow French wheat to compete in GASC tenders. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Grain news and information from the Middle East and North Africa are very limited this week as the Eid al Adha religious holidays have been taking place in the region over the past few days.Louis Dreyfus Europe has announced a change in the management of its Middle East and North Africa division as the head of grains for the region as well as Europe and the Black Sea, David Ohayon, has left the company. While not confirmed by Dreyfus, it is reported in the press that five grain traders left the Gen...
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.