Egypt's ergot problem continues with its ever-changing tolerance level. The latest edict conflicts with the FAO determiniation of an acceptable limit for that country, and it is already having an impact elsewhere in addition to the expected domestic repercussions. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt is again dominating the Middle East/North Africa (MENA) grain news. Early in the week, Egyptian Supply Minister Khaled Hanafi resigned after the report on problems with local wheat purchases was presented to the Parliament. There have been no accusations against Hanafi for taking part in any wheat fraud, but his position requires that he be held accountable for the departmental problems. There are also many complaints re...
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.