One of the advantages Argentina has had in the last year in exporting soybeans, soy products and other agricultural commodities has been its weak currency. However, this has been changing. Large Soybean Export Sales Today’s USDA export sales report indicated last week was busy with sales of soybeans for shipment in the current and next marketing years. It noted the total for 2015/16 shipment was 758,500 MT, up 98 percent from the past four-week average. The sales were mainly to unknown destinations (573,900 MT), Iran (120,000 MT), Indonesia (47,600 MT) and Japan (12,100 MT). They were partially offset by switches from unknown (44,000 MT) as well as decreases to China (54,000 MT), Malaysia (15,000 MT) and Colombia (100 MT). Sales for shipm...
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...
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.