China's January-September Wheat Imports Reach Seven-Year High China's January-September wheat imports reached a seven-year high at 3.21 MMT. Though it is the world's largest wheat producer, China's poor harvest, in addition to higher domestic prices due to stockpiling at the beginning of the year, boosted wheat imports in the first nine months of 2012. Excessive rain during the flowering period and disease damaged the crop this year. September imports, at 524,156 MT, were almost triple the amount purchased in the same month last year. More Chinese mills bought high-quality foreign wheat to supply bakeries, their fastest-growing client.Despite these record imports for the first nine months, however, wheat imports during the next couple mont...
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...
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.