USDA is initially forecasting Brazil’s and Argentina’s soybean harvested area in 2017 will increase by 900,000 hectares and 50,000 hectares, respectively. However, this is doubtful for several reasons. A Further Look at Soy Components in USDA May WASDE Report This month’s USDA WASDE report (released 10 May) surprised the trade with a large decrease in its U.S. 2015/16 soybean ending stocks projection. The drop from 445 million bushels to 400 million bushels resulted from increases of 35 million bushels in exports and 10 million bushels in domestic crush. While the forecast is still sizable, it is a clear signal that the trend is downward. If there is any significant shortfall in production this year in the U.S., China or India, world stoc...
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...
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.