Zimbabwe’s acting president has said that the government’s program of buying maize at $390/MT from farmers and selling it to maize millers at $250 /MT is “very economic” for the country, and there are several reasons why. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s prosecutors have decided that the rejected Romanian wheat shipment can be sieved to remove poppy seeds, although there is of course no guarantee that this will eliminate all of them so that the shipment can be cleared for importation. The same decision has not been announced for the rejected French wheat cargo that is still “under investigation.” Reports in Egypt that the Romanian shipment had been sieved and was ready for sale have been questioned by the trade...
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.