While farmers may have a positive view of the Indian government’s action on Tuesday that reduced the royalty Monsanto can charge for planting its patented biotech Bt cotton, this will likely prove to be very negative for them in the future. USDA Raises U.S. Soy Ending Stocks on Smaller Domestic Crush USDA made relatively few changes in its supply/demand forecast for soybeans in yesterday’s WASDE report. However, it did raise its estimate for 31 August 2016 U.S. soybean ending stocks by 10 million bushels to 460 million bushels, which was a result of its reduction in the 2015/16 U.S. crush estimate by the same amount. USDA indicated the crush was lowered due to its decreasing the domestic soymeal demand forecast by 200,000 ST to 33.3 milli...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...