Corn Sales Pick Up in Northeast China Before the New Year After the cash corn market's low trading volume trend prevailed for a couple weeks, corn sales in Northeast China finally began to increase. Corn sales in the region were held up by snow and rain in December, and most feed plants were unable to replenish stocks due to the high level of moisture in the corn. However, during the last week of the month, about 25 MMT of corn were purchased in 11 provinces, up 1 MMT year on year. Sales in northeastern provinces, including Heilongjiang and Jilin, sped up because farmers needed more cash. Farmers also were motivated to sell faster because the lack of proper storage results in crop deterioration. Most farmers lay their crops directly on l...
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.
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...