Pakistan has traditionally sourced most of its soymeal from India and more recently from Argentina. A combination of factors has now caused Pakistani buyers to apparently decide that they will need to purchase U.S. stocks in order to assure themselves of the supply needed. Pakistan Purchasing U.S. Soymeal A combination of uncertainty about the size and quality of India's 2014 soybean crop and expectations of a huge U.S. soybean crop has led soymeal importers in Pakistan to purchase at least 1 cargo of U.S. soymeal. The volume is about 40,000 MT and reportedly was purchased this week for shipment in December. Pakistani buyers are also said to be negotiating for additional shipments from the U.S. for shipment in January and February 2...
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.