The latest USDA FAS GAIN report for Turkey shows 2015/16 production of wheat, barley and corn will be higher. Although imports of these three grains are expected to decline as a result, the drop in those of wheat will be lower than production growth because of one particular factor. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has reportedly rejected three wheat cargoes: 63,000 MT of French origin to GASC and two smaller shipments to the private sector. All rejections are said to be due to the presence of high ergot levels. According to Egyptian government officials, the French shipment was found have levels at 0.07-0.09 percent, well over the 0.05 percent maximum set by GASC. The cargo from France is allegedly being returne...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.