We should say that in our opinion, soybeans and soy markets have provided more excitement and tension over the past 50 years than any other major field crop. In that general sense, the 2012/13 soybean marketing year fits the pattern. However, as exciting as soybeans may have been in the past, this year seems different. Current soy markets have been and still are being bombarded by a very unique combination of influences for which we cannot recall a precedent.It was in the late 1950s and early 1960s when production of soybeans in the U.S. grew large enough to pull them out of the minor crop category. When a drought during the late summer of 1963 threatened to significantly cut soybean production, it became a lead story in Time Magazine. Th...
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.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...