GOOD MORNING, Prices are lower across the board on more fund selling as weather moving forward continues to favor a good pace of harvest. Outside markets are lower, so there seems to be a macro-influence here along with harvest pressure. Crude oil prices are lower as world stock markets trade down. The US dollar trades to new monthly highs as it is seen as the safe haven, which is also price negative for Ags this AM. Concerns over China's property developer Evergrande's solvency spooked equity markets even as traders brace for more tapering comments from the Fed. World vegoils are trading weaker together with crude, palm, and canola prices lower. December soyoil trades downward taking beans with it. Egy...
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.
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt Grain Situation Recap: Wheat stocks in Egypt are at good levels, with only limited import interest. However, there is some concern over the supply of wheat from the Black Sea later in the year due to current weather problem...