Brazilian Ship Lineup for Soybeans Declining Data from a Brazilian maritime agency last week shows that the lineup of vessels at Brazilian ports to load soybeans on 16 May had dropped to 11.486 MMT, down from 12.352 MMT a week earlier. This was a 15.9 percent decline from the high of 14.09 MMT on 11 April and the lowest since 7 March. The total last week included ships waiting in line to load 8.262 MMT of soybeans and ships scheduled to arrive to load 3.584 MMT of soybeans. The waiting time for newly arriving ships at public loading facilities is now estimated at 56 days, which is down from over 60 days a month ago.The maritime agency indicates that thus far a total of 19.626 MMT of soybeans have been exported since 1 February. The weekl...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...