Corn This week, the Argentine government confirmed that the sworn export sales declarations (DJVE) will not be extended, unlike the previous administration. Exporters must ship a minimum of 26 MMT by January 2025. Between June, July, and August alone, DJVEs account for 8.7 MMT, with an additional 5.5 MMT from September onward. Exporters have already purchased 19 MMT of the 26 MMT they need to export, with 7 MMT yet to have a set price. They still need to buy a minimum of 7 MMT and receive that - plus all the corn purchased but not yet delivered - at the ports. Even if all that corn is acquired, a significant amount must be sold FOB before producers set their prices. Using the local futures market as a hedge might drive prices up significa...
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.