News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The U.S. export business to Morocco for both soymeal and soyoil faces a great deal of competition these days because of the removal of the 20 percent import tariff on these commodities in January 2013 that affected all countries except the U.S. There is a free trade agreement between the U.S. and Morocco that has allowed the former to ship for several years with a 20 percent tariff advantage. U.S. soymeal shipments to Morocco are down by 30 percent while soyoil shipments are down 86 percent. Both are expected to drop lower as the business switches to currently lower-priced Argentine soymeal/oil. Argentina also has a further advantage in that there is the possibility of shipping corn...
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...
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.