Brazil’s biodiesel production is forecast to change notably in 2017, based partially on a revision to the required blending level for biodiesel with petroleum diesel that is to be implemented in the first quarter. U.S. Soymeal Export Sales Up Last Week (None to Europe) Today’s USDA export sales report showed last week was the second-largest in the current marketing year for soymeal with net export sales of 437,400 MT, 76-percent above the past four-week average. However, none were to the EU-28, the world’s largest soymeal import market, which has purchased only 52,400 MT of U.S. soymeal thus far in 2016/17 versus 262,200 MT at this point a year ago. Last week’s sales were to the Dominican Republic (194,700 MT), the Philippines...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
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.