Regional Updates MIDDLE EAST/MEDITERRANEANCOMMENTS Afghanistan has received the first lot of Pakistan’s 40,000 MT wheat donation. The shipment of just under 400 MT was delivered at the same time the new Pakistani foreign minister was visiting the country. The Middle East/African region’s importers of Brazilian soybeans and corn could be facing higher CNF costs if Brazil’s government sets a higher minimum freight rate for the transport of grains to ports as it is considering. Grain exporters say they will lose as much as $1 billion on export contracts already signed if such a rate becomes effective for this export season. However, a final decision on this matter will not be made until after Brazil’s upcoming federa...
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.