COVID Relief: Today was the target deadline for the next COVID relief package; that is not going to happen. Neither the Senate or House was in session today but are subject to a one-day recall back for a vote if necessary. Negotiations continue but progress is not being made. The hang-ups are the big picture items – unemployment benefit extensions, aid to states, etc. The ag provisions will be much easier to pull together once a framework is agreed to. Add sheep and lamb producers to the list of expanded payments. The Mountain States Rosen plant in Greely, which had filed for bankruptcy, was purchased by JBS, which will convert the plant to a beef processing (not slaughter) facility. That leaves the lamb market short a pl...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.