Corn According to the Buenos Aires Grain Exchange, harvest progress reached 2.7 percent of the planted area last week. Hot and dry weather is allowing for faster progress in the last two days and will be even higher going forward. There are only scattered showers forecast for the next several days and precipitation amounts will not be significant. The primary signal that harvest is progressing more quickly is the pace of truck arrivals at the ports. Last week started with 1,700 trucks/day and ended with over 4,000 trucks/day Thursday and Friday. That latter figure equates to 115 MT each day. Exporters who have space can receive more trucks and take advantage of harvest price pressure. The vessel lineup is also increasing, reaching 2...
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...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.