World Perspectives
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Oilseed Highlights: Smaller Soybean Production Forecast for Three Countries with a Larger One Expected Elsewhere

Three countries are expected to reduce their soybean planted areas in favor of other crops, but another is forecast to increase its production of the oilseed. Argentina Reduces Estimate of 2017 Soybean Crop Argentina’s Ministry of Agriculture last week lowered its estimate for the 2017 soybean crop from 57 MMT to 55 MMT. This was based on a larger planted corn area at the expense of that planted to soybeans. USDA currently is estimating the Argentine soybean crop at 57.8 MMT. The ministry estimates Argentina produced 49.5 MMT of corn in 2017, up from its earlier forecast of 47.5 MMT.The move to a smaller soybean area and greater corn area is not surprising. Farmers had a substantial incentive to plant this way after President Macri elimi...

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feed-grains soy-oilseeds wheat

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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.

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