Soybean Auction Falters To make way for recent purchases of U.S.-grown soybeans, Sinograin has been auctioning state-owned reserves of soybeans imported in earlier years. At its second auction, sales fell to 62 percent of the volume offered, versus 77 percent in the first auction. And the average price fell to RMB 3852 (USD547.42)/MT. The share sold of soybeans offered in the third auction dropped to 32.7 percent, and the price fell to RMB 3,750.83 (USD532.74)/MT. Some say the lower demand is the result of the large volume of soybeans imported in recent weeks from Brazil. Corn and Wheat Demand While China cancelled a tender for U.S. wheat and has plenty of corn, some say significant quality losses in the country’s corn and sprin...
A federal appeals court paused a USITC ruling against President Trump’s use of Section 122 to impose 10-percent global tariffs. A bipartisan group of 80 House members asked USTR to investigate specialty crop imports from Mexico for unfair trade practices. India notified the WT...
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.