Export Quota Update Finally, the Argentine government implemented a so-called “new” system to control wheat and corn exports. The “new” system is, of course, aimed at preventing domestic shortages with the final objective of controlling inflation, which now exceeds 50 percent annually. Based on total production for a crop, the government will establish “equilibrium volumes” for grains that set export volumes. What is not yet clear is how that quota will be distributed across the different exporters. In the past, the government has used factors such as exporters’ past performance in order of registering, friendship, etc. The government can call the system what it likes, but in the end it is t...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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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.