It is G-20 week in Buenos Aires, and the highly-anticipated side meeting between U.S. President Trump and Chinese President Xi slated for 30 November is center stage as far as agricultural markets are concerned. U.S. soybean producers desperately hope it will lead quickly to some sort of an agreement that results in China lifting the 25 percent tariff on U.S. soybean imports implemented last July. That tariff has created a de facto embargo on fresh U.S. soybean sales to China along with cancellations of those previously made but unshipped. It was imposed as U.S. farmers were in the midst of growing what appears to be a record soybean crop. As a result, soybean futures prices have fallen more than $1.50/bushel since May, and cash soybean bas...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.