Soybean Pricing Dynamics Despite the common belief that Chinese soybean needs are primarily covered for August and September, there is still interest being expressed for this time period. It is proving to be an unusual period to trade because of the enormous inverse between U.S. old and new crop prices. Brazilian beans are currently trading 120 cents above obtainable prices in a couple months. That is equivalent to 2 cents per day, or 60 cents per month. That is a huge discount and logistics is becoming a critical consideration for buyers.Chinese buyers would like to secure lower priced new crop production in the U.S. but any delay in their harvest could have a severe impact Chinese crushers. So far, the Chinese have only bought...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.