Corn Argentina Rumors about a non-official agreement between the government and exporters to cap Argentina’s export sales at 38.5 MMT have been circulating for some time, but last week the government officially announced the policy and closed additional declarations. The government is saying that export declarations are open, but one can only register new sales against nominated vessels (which are usually nominated seven days prior to arrival). That is hard and risky to do, which means the export sales declarations are essentially closed. Exporters have already bought the 38.5 MMT in the local market, and the lack of export buying interest immediately affected prices. Last Monday was a national holiday in Argentina and the ma...
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.