As a result of insufficient rainfall in key growing areas, India's soybean plantings as of 4 July are reported to be about 90 percent less than the 4.3 million hectares planted a year ago. The country's soymeal exports are also at a record low. Delayed Indian Monsoon Rains Becoming Major Concern for Soybean Crop India's Ministry of Agriculture yesterday reported that only 445,000 hectares had been planted in the country as of 4 July. This is a decrease of about 90 percent from the 4.3 million hectares that had been planted a year ago. The decline in plantings is because insufficient rainfall has been received in Madhya Pradesh and other key soybean-growing states to allow farmers to begin their soybean plantings. India's meteorological ag...
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.