News Updates SUEZ CANAL TRAFFIC INCREASES Egyptian authorities have reported that the Suez Canal's revenue increased by just under 10 percent in 2011 to a total of USD 5.2 billion. The total revenue will probably increase in 2012 as well, as the tolls will increase by 3 percent in March 2012.The total volume of ships through the Canal dropped by slightly over 1 percent but the overall cargo volume increased by 9.7 percent. SOUTH AFRICAN MAIZE Experts in South Africa are divided on whether or not there will be a shortage of corn in South Africa in 2012. While everyone agrees that the country's export sales were at record levels, there is a great deal of information missing on exactly how much corn will be available in the country. Export...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...