The Brazilian government's effort to re-evaluate 14 pesticides for possible bans has been ongoing for seven years and stymied by lawsuits as well as opposition from legislators. Two of those currently employed by farmers there are no longer approved for usage in the U.S. and elsewhere because of their toxicity. U.S. Soybean Export Sales Shift to New Crop Today's USDA export sales report showed a pronounced shift in sales away from the current marketing year to MY 2015/16. Net sales of soybeans for shipment in 2014/15 totaled only 27,400 MT, while those for shipment after 1 September totaled 568,300 MT. The sales for shipment in 2014/15 were mainly to Mexico (102,600 MT), Malaysia (24,300 MT), Colombia (10,800 MT), Vietnam (7,900 MT)...
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.