The FAO is scheduled to issue an African Swine Fever (ASF) update on Thursday, 12 September and it is now likely to include the Philippines in the growing list of countries impacted by the disease. While most of the attention on this Thursday’s WASDE report from USDA will focus on its prognostications about U.S. grain and oilseed production, the agency should also reduce further its global swine production estimate. At this juncture, USDA is only recording a 10 percent decline in China’s swine production for 2019 as a result of the disease, with world production down just 4 percent. However, there are other estimates suggesting 30 percent is closer to the mark for China’s losses. Bloomberg says that 20 percent of Vietnam&...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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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.