Brazil's ABIOVE today raised its forecast for the country's 2016 soybean crop from 97.8 MMT to 98.6 MMT. That is less than the forecasts of USDA and the Brazilian government, which are projecting a harvest of 100 MMT or greater. However, it is far from certain that the crop will be as large as estimated. Pakistan Begins to Export Soymeal Pakistan has long been a significant importer from India. However, it has built its own soybean crush capacity because of rising domestic soymeal demand and the sharp decline in Indian soymeal exports. USDA is forecasting Pakistan will import 850,000 MT of soybeans in 2015/16, up from 350,000 MT in 2014/15 and only 11,000 MT in 2013/14. In addition, USDA is forecasting it will import 1 MMT of soymeal 2015...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Key Takeaways: Persistent labor shortages are increasing operational challenges and costs across U.S. agriculture, particularly in labor-intensive sectors such as specialty crops, dairy, and meat processing. Immigrant workers, including H-2A employees, remain essential to the agricultural work...
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.