Throughout the past year, USDA has been forecasting China's soybean imports in MY 2013/14 would reach 69 MMT, but that estimate may actually be too pessiimistic. The China National Grain and Oils Information Center (CNGOIC) is now predicting that total will be 70 MMT. China Soybean Imports to Exceed USDA Forecast Says Chinese Agency Throughout the past year, USDA has been forecasting China's soybean imports in MY 2013/14 would reach 69 MMT. When it first announced the estimate back in May 2013, many people thought it was far too optimistic, considering Chinese imports were only 59.865 MMT in 2012/13. Most believed it was just too bullish to expect an increase of over 9 MMT in one year.It now appears that USDA's forecast may actually turn...
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...
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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.