Two major U.S. ethanol policy developments look bullish -- at least on paper -- for Brazilian ethanol exports. One is the 31 December 2011 expiration of the secondary tariff on Brazilian ethanol imports into the U.S.; the other is the growing mandate for U.S. motor fuel to blend non-corn starch "advanced biofuels," which will hit 1 billion gallons next year. Add to that the California low carbon fuel standard (for which Brazilian sugar ethanol would qualify), and, as stated above, at least on paper it would be a reasonable assumption that ethanol exports to the U.S. would be a booming business. But instead, Brazil ended 2011 as a top destination for U.S. ethanol -- a total of 395 million gallons in 2011. Furthermore, imports of Brazilian...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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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.