China is seeking to increase corn imports from Europe with 36,700 MT arriving last week from Bulgaria, the first bulk shipment of non-GM corn since the two countries signed a corn trade agreement. Oilseeds Crushers Continue to Feel the Squeeze A local research firm's recent market study indicated that China's oilseed crushing industry is estimated to lose as much as 26 billion RMB ($4.3 billion) for the first three quarters of 2014. If that trend continues into the fourth quarter, this will be the fifth consecutive year that the industry as a whole has suffered a significant financial loss.As it now stands, the market fundamentals do not bode well for China's oilseed crushers. Despite shrinking stocks and declining imports since m...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.