The corn plantings in Romania and Bulgaria have started under favorable weather conditions, and we estimate that the corn acreage will marginally decrease in the region (about 2-3 percent) in favor of sunflower seeds. Milling Wheat Offer prices in the Black Sea remained almost unchanged last week with very few trades having been reported. The downward trend of Chicago, Kansas and Paris wheat futures has certainly discouraged the buyers/consumers from covering the forward positions. The Russian and Ukrainian weather is generally favorable for wheat development, although the cold spell that crossed the region last week may have caused some damage.The EU allocated 596,000 MT of wheat export licenses last week, bringing the total to 23.3 MMT...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.