Reports of very high soybean yields across the Midwest continue. However, it also is clear that many farmers saw substantial losses this year because of a problem that is worse when there is a cool, wet spring. Brazil Agency Forecasts Larger Soy Crop in 2017 Brazil’s crop supply agency Conab today forecast that country’s 2017 soybean production will increase to 101.9-104 MMT with better weather versus the drought-impacted 2016 crop of 95.4 MMT. It expects the planted area planted to rise 0.6-2.7 percent and yields to be 6.1 percent higher.Most analysts are predicting that the expansion in soybean plantings will be less than in past years because of the poor profitability outlook for that crop and greater incentives to plant corn. The high...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.