The French analytical firm Strategie Grains this week raised its forecast for the EU's rapeseed crop this year to a record 22.9 MMT, which is 400,000 MT above its previous estimate and 1.8 MMT (8.5 percent) above 2013 crop forecasts. Consultancy Indicates Brazil to Expand Soy Plantings 4.9 Percent The Brazilian consulting group AgRural this week forecasted farmers in Brazil will expand their soybean plantings by 4.9 percent to 31 million hectares (76.6 million acres). The firm indicates the recent drop in prices has not had an impact on farmers' planting intentions because decisions were made months ago. The firm predicts that the Brazilian soybean crop will reach 94 MMT with normal weather conditions.The AgRural forecast may ultimately t...
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.