Wheat Weather conditions are still working against the 2020/21 wheat crop. Planting activity, mostly focused in the South of Buenos Aires, is moving slowly (1.8 percent weakly progress) due to excess soil moisture. Almost 95 percent of the expected area (6.5 Mha) is planted, but farmers are having difficulty finishing the remaining fields. Conversely, Cordoba, Santa Fe, and areas in northern Buenos Aires have not received meaningful precipitation in the past 90 days, and the situation is turning dire. Crops are deteriorating and there is an increasing share of the winter wheat crop rated as “regular” condition. In these areas, planted area fell 10 percent from the prior year. At the start of planting season, WPI was expe...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Ministry of Supply reports that it will begin the sale of imported wheat through the Egyptian Mercantile Exchange. Sales are expected to be mainly to private-sector flour mills and are intended to stabilize wheat and...
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.