Soybean selling by Argentine farmers is projected to substantially increase going into June, potentially to a record level, as a result of the increased harvest pace and present pricing conditions. Brazil The Brazilian soybean harvest is approximately 85 percent complete, according to a survey by AgRural. The number exceeds the rate of 78 percent a year ago and the five-year average of 83 percent. Total Brazilian soybean production is estimated by AgRural to be 85.6 MMT. That number will be revised around the first of May. The rate of harvest in Rio Grande do Sul jumped from 41 percent to 65 percent in seven days. Export prices for Brazilian soybeans recently declined by about 3.4 percent and prices are currently at about $521/MT in compa...
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.