Another A-Maizing Year for Production

Spend Matters welcomes this guest post from Corrina Hutchings, of Mintec.

Grains forecasts for 2016/17 have been released from the USDA this month, giving a heads up on what to expect from the market in the year ahead. Although these early forecasts are subject to a lot of change, they set the tone for the remainder of the season as the markets turn their focus on the new harvest from the Northern Hemisphere. Let’s look at some of the highlights of the forecast.

Afternoon Coffee: US Manufacturing Sector Growth Slows in May, Panasonic Plans to Expand Auto Business Through M&A Deals

Marco Mayer/ Adobe Stock Marco Mayer/ Adobe Stock

May was a lackluster month for the U.S. manufacturing sector, with output falling for the first time since September 2009 and new orders expanding at their slowest rate of 2016, according to Markit’s latest Purchasing Managers Index. The Index registered 50.5, down from the 50.8 in April. And, Panasonic Corp. is planning to add $3.6 billion in new revenue to its auto business over the next two years through mergers and acquisitions. Afternoon Coffee brings you the latest in procurement and supply chain news.

Business Intelligence to Transform Procurement