Surprisingly Large U.S. Soy Export Sales Today's USDA export sales report showed surprisingly large U.S. export sales of soybeans and soymeal last week. The market has been expecting sales to greatly diminish with the onset of Brazilian soy exports, but apparently buyers need more soybeans and soymeal before they expect to receive deliveries from Brazil.Today's report indicated U.S. exporters last week made net additional sales of 689,000 MT of soybeans, with China accounting for 474,800 MT of that. The other main destinations for the sales were Indonesia (98,300 MT), the Netherlands (75,900 MT), Japan (45,800 MT), Mexico (38,700 MT), Korea (27,700 MT), Egypt (21,100 MT), Vietnam (18,100 MT) and Taiwan (11,200 MT). Exports last week tota...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.