Today's USDA export sales report confirmed the continued seasonal trend in U.S. exports of soybeans, soymeal and soyoil. Meanwhile, Brazil's wildca trucker strikes appear to have ended after costing several sectors a great deal of money. Minimal Indian Soymeal Exports in February India exported only 64,514 MT of soymeal in February, according to that country's Solvent Extractors Association. That was a 39.2 percent decline from 104,426 MT in January and almost a 65 percent decrease from 183,550 MT in February 2014. The country has exported only 502,649 MT since 1 October 2014. In the same period a year earlier, the total volume was 1.6853 MMT.India's soymeal exports have fallen so sharply this year because of a smaller-than-normal soybean...
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.