The Chinese government announced that it will discontinue stockpiling soybean and cotton this year as a way to support farmer income. Instead, it plans to shift toward making subsidy payments to farmers when soybean and cotton prices fall. U.S. Soymeal Imports from South America in May? Trade reports indicate an undisclosed amount of Paraguayan soymeal has been contracted for import into the U.S. southeast beginning in May. My contacts in the trade indicate that it makes sense financially. This is not surprising with the U.S. exporting soybeans and soymeal in 2013/14 at a record pace. The same thing happened last year when U.S. soybean supplies were tight, particularly in the soybean-deficit southeast. It also makes sense for the U.S. to...
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.