There are too many people, groups and companies, etc. trying to create analytical grain and oilseed market news. The years of the U.S. biofuels revolution when the bull market came to an end, 2006/07-2012/13, were filled with analyses to discuss. After all, we went from using just 5 percent of the U.S. corn crop in domestic ethanol production to nearly 50 percent in just a few short years. The repercussions from that altered the face of the world corn and feed grains markets. China’s leap from importing 37 MMT of soybeans in 2007 to nearly 100 MMT in 2018 dramatically changed the face of the world oilseed markets. Sprinkle a terrible U.S. corn crop in 2012 and a very bad one in Brazil two years ago, and you had the ingredients for ext...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.