The soybean surplus on the Chinese market will apparently worsen beginning next week as Sinograins announced today that it will auction 300,000 MT of soybeans from it reserve stocks. Meanwhile, China's negative soybean crush margins during the first quarter of this year took their toll on the income of Singapore's Wilmar International Ltd. China Imported 6.5 MMT of Soybeans in April; Stock Sales to Begin Next Week China's General Administration of Customs today indicated that the country's soybean imports in April totaled 6.5 MMT. This was a 63.5 percent increase over imports in April 2013 and 40.7 percent above 4.62 MMT imported in March of this year. The large imports were mainly a result of Chinese crushers expecting shipping delays fr...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.