The combined Argentine and Brazilian biodiesel production is forecast to rise by 1 MMT in 2014, driven by Brazil's increase in the mandatory biodiesel blend rate and Argentina's actions regarding its biodiesel-related sales and export taxes. Korean Feed Association Buys Optional Origin Soymeal, Offers Premium for U.S. Origin The Korea Feed Association (KFA) today purchased 60,000 MT of soymeal from Cargill for arrival around 25 December. Under the terms of the purchase, the KFA will pay $496.90/MT CNF for the soymeal if it is supplied from South America and $506.90/MT if originated from the U.S. Korean animal feeders have learned that they achieve better performance from the animals when they use U.S. origin soymeal in the feed.Repo...
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...
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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.