Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang jointly announced yesterday in Ottawa that the two countries have reached an agreement regarding the shipment of Canadian canola to China. Excessive Rainfall Becoming a Major Impediment to U.S. Soybean Harvest There is no question 2016 could be a record year for U.S. soybean production. Early harvest results indicate very high soybean yields in the upper Midwest for the most part. This has particularly been the case in the Dakotas where the harvest is most advanced as well as in Indiana and Ohio. However, the problem is that most of the key soybean-growing areas have received so much rainfall in recent weeks that the harvest is going to be delayed by muddy fields. Accu...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.