Export Sales Report Shows Slowing Soybean Sales for 2012/13 Today's USDA Export Sales report indicated U.S. exporters last week sold 386,000 MT of soybeans for shipment in 2012/13. That was about the same as the previous week, but 42 percent below the four-week average. The slowdown is not only expected, but also necessary to assure an adequate supply to meet domestic demand the rest of the year. The main destinations for the export sales were China (292,100 MT), the Netherlands (76,200 MT), Indonesia (70,800 MT), Vietnam (62,000 MT) Turkey (44000 MT), Egypt (40,000 MT) and Mexico (30,500 MT). Reductions in sales to unknown destinations totaled 277,000 MT. Exporters also sold 867,000 MT of soybeans for shipment in 2013/14; the main desti...
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.