DuPont Pioneer India last week opened a crop research center in Hyderabad, India to develop new crop varieties for that country's agricultural sector. The center will focus on new varieties of corn, rice, millet, mustard and cotton hybrid seeds, but will not work on soybeans. Full Speed Ahead for U.S. Soybean Exports The market was somewhat shocked last Monday that USDA's grain inspections report showed 2.26 MMT of soybeans had been inspected for export. That was well above trade expectations. Well, the trade was even more astounded when yesterday's report showed USDA inspected a record 2.85 MMT of soybeans last week for export. This year's soybean harvest may have started off slower than normal and there may have been transportation bott...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...