Only when examining the actual numbers can the magnitude of the increase in soybean, corn and wheat export sales from last year be realized. However, there is still one action remaining that is required to satisfy this expansion in export demand.Although it isn’t really a huge surprise, only when examining the actual numbers can the magnitude of the increase in soybean, corn and wheat export sales from last year be realized. Soybeans of course garner most of the attention these days. Sales of another 400,000 MT to China/unknown were announced this morning. That brings the total 2016/17 soybean sales to China to almost 11 MMT with another 10.1 MMT registered to unknown. Most of the latter will also be shipped to China. This all brings total...
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.