China's Ministry of Commerce today raised its forecast for the country's April soybean imports. However, the recent defaults on soybean imports and rumors of more to come may result in fewer numbers. China to Import 6.9 MMT of Soybeans in April, Many Rumors China's Ministry of Commerce today raised its forecast for the country's April soybean imports from 5.11 MMT to 6.9 MMT. At the same time, it reduced its estimate of March soybean imports from 5.69 MMT to 4.12 MMT. The ministry is now forecasting April imports of soyoil at 42,000 MT, palm oil at 330,100 MT, rapeseed at 386,400 MT and rapeseed oil at 89,300 MT.One wonders whether all of the 6.9 MMT of soybeans forecasted for import in April will actually be transacted. The recent defaul...
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.