Weekend Rains Received in Some Areas of Argentina After months of essentially no rainfall, 1-2 inches (2.5–5 cm) were received in parts of Argentina over the weekend. This was largely confined to southeastern Cordoba, northern Santa Fe and northern Buenos Aires Provinces. There was very little rain in central and southern Buenos Aires Province where crop conditions were the worst. However, more precipitation is expected later this week. While the rains were certainly welcome in the drought-stricken areas, they likely will do very little to help yields. Tomorrow is the first day of fall in Argentina, and the soybeans are mostly finished filling pods and close to maturity. Some areas have already begun the harvest, and early yields ar...
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...
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.