Wheat Finally, the Argentine government officially announced the wheat trust it has been developing. The trust’s aim is to maintain control of the local wheat supply and price, with the overarching goal of avoiding price increases in bread and dry pasta due to rallies in international wheat markets. In the government's language, “to decouple the local wheat price from the international price.” The official announcement was made last week, but details and the start of the trust are still pending. This trust contemplates 800 KMT of wheat for the local market at a price of AR$23,000/MT (about $215 FAS), far below the AR$34,180/MT (about $320 FAS) traded in the physical market. The government announced the move containing co...
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.