More crushers have suspended or slowed production in order to mitigate crushing losses. It is projected that soyoil prices will remain weak, but there is limited room for further decline. Oilseeds Soybean Stocks at Ports According to China Customs, soybean stocks in China's major seaports reached 6.19 MMT as of 24 March, an increase of 230,000 MT from the previous week. The seaports include Dalian, Qinhuangdao, Tianjin, Longkou, Yantai, Qingdao, Rizhao, Lanshan, Lianyungang, Nantong, Zhangjiagang, Shanghai, Ningbo, Fuzhou, Xiamen, Guangzhou, Zhanjiang, Fangchenggang, Shekou and Shantou. Price Trends Soyoil The soyoil price declined this week. With stocks increasing at ports and the continuing decrease in soybean crushing margins, Chin...
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...
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.