News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS A recent study on Saudi Arabia has determined that the country will have to remain dependent on other countries for its supply of grains and oilseeds. And with poultry production growing at a very fast rate -- 8 percent or 9 percent per year -- demand for corn will be up by 30 percent or so in the next three years. The major problem with having to import 100 percent of the grain supply is that price fluctuations will have a serious effect on costs and the economy. Saudi Arabia will have to be very well organized in order to cover its grain needs with of the least amount of price volatility.With Ramadan getting closer, Saudi Arabia has announced that it will be monitoring food prices to e...
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: 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...