Corn Argentina’s corn harvest advanced 9.2 percent last week, bringing the total harvest to 82 percent of the planted area. The harvest is 12 percent behind last year’s pace, but yields are above trendline, so large volumes are being originated daily. Farmer selling has increased considerable in the past few weeks and exporters are buying an average of 0.5 MMT each week. Exporters secured 0.8 MMT in the week ending 14 July, however, and 1 MMT for the week ending 21 July. There are no official numbers yet, but WPI expects another week of above-average origination for the last week of July. Farmers are harvesting large volumes and they need to keep selling (they sold 70 percent of the expected volume). Prices are st...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.