Following China's approval of the Syngenta corn event last December, U.S. DDGS imports to that country have resumed steadily. However, some in the trade fear the Chinese government will find another excuse to limit such imports (and perhaps sorghum) if certain conditions develop. U.S. DDGS Exports to China Returning to Normal U.S. DDGS exports to China dropped sharply beginning last September after that country found evidence of some stocks derived from a Syngenta biotech corn event it had not approved. This was a significant decrease from 580,907 MT in June 2014 to a low of only 4,689 MT in November. Most of the decline was offset by increased exports to other countries, but there is little doubt that the loss of exports to China did sub...
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.