It has been an interesting year in crop weather - to say the least - and somewhat ironic that instead of hot, dry weather being the problem around the world, the issue could be a different matter.It has been an interesting year in world crop weather - to say the least. There was too much rain across Western Europe as grain crops matured, which dramatically reduced the volume and quality of wheat. This was followed by hot, dry weather that clipped row crop yields significantly. Similar conditions in Brazil and Argentina resulted in smaller-than-expected soybean crops. The Brazilian safrinha corn crop was also badly affected by very hot, dry weather during its pollination period.North America had been predicted to suffer a severe drought with...
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...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.