Wheat: Net sales of 476,000 metric tons for 2018/2019 were up 40 percent from the previous week, but unchanged from the prior 4-week average. Corn: Net sales of 382,500 MT for 2018/2019--a marketing-year low--were down 62 percent from the previous week and 72 percent from the prior 4-week average. Soybeans: Net sales of 293,600 MT for 2018/2019 were reported for Spain (188,000 MT, including 195,000 MT switched from unknown destinations and decreases of 13,000 MT), the Netherlands (113,600 MT, including 86,000 MT switched from unknown destinations), Mexico (111,500 MT, including decreases of 1,100 MT), Thailand (77,700 MT, including 66,000 MT switched from unknown d...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.