The general view now is that India's 2013 soybean crop was no greater than 9 MMT, and the country is likely to face a severe soymeal shortage in the domestic market from now until the fall harvest. Sharp Decline in India's February Soymeal Exports India's February soymeal exports fell to only 183,550 MT from 364,443 MT in January and 581,606 MT in February 2013. The total was 1.502576 MMT for November 2013-February 2014 compared with 2.265589 MMT for the same period a year ago, according to India's Solvent Extractors Association (SEA). The sharp decline is the result of a smaller soybean crop in 2013, poor soybean quality and farmers' reluctance to sell their smaller crop.Because of the good monsoon India experienced in 2013, the early ex...
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.