Argentine 2014 Crop Low Production Margins Argentine farmers have seen their historically best economical situation in the past 10 years despite the 35 percent export duties on soybeans, 20 percent on corn and 23 percent on wheat. Technology started the revolution with the introduction of Round Up Ready soybeans combined with a no-tillage system that began in the late 1980s and showed an incredible expansion in the 1990s. The silobag storage technology later gave unlimited capacity to keep grains in farmers' hands and have much better control of the product commercialization. Farmers could decide when to sell and to which company. The market originally was led by demand but it changed in many cases (like soybeans) to be led by supply...
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.