Hope obviously abounds in the Indonesian government. Yesterday the Indonesian Ministry of Agriculture forecasted that country's soybean production in 2014 at 1.5 MMT, an 86 percent increase over production in 2013. Surge in U.S. Soyoil Sales, But Maybe Not USDA reported in the last week that exporters have sold 118,900 MT of soyoil for export in 2013/14. Last Friday's regular weekly export sales report indicated soyoil sales the previous week totaled 83,900 MT, and USDA reported yesterday that an exporter has sold 35,000 MT of soyoil to an unknown destination. The sales equaled almost 23 percent of USDA's forecast for soyoil export in all of 2013/14.The problem is that last Friday's report indicated exporters had sold 42,000 MT of U.S. so...
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...
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.