The Russian Ministry of Agriculture announced that 1.007 MMT of grain were exported as of 16 July 2014 and from the beginning of MY 2014/15 as Ukraine exported 1.189 MMT as of 21 July. Russian Grain Markets Market Trends: 14-18 July 2014 During the week in review, the dramatic increase in the 2014 grain offer on the Russian market caused a significant price drop in all European regions except for the South (where prices had previously declined). Black Soil and Volga Valley were most affected. GEOGRAPHICALLY: 3rd grade soft milling wheat prices decreased in Ural (-$7.50/MT) and more significantly in Central (-$22.70/MT), Volga Valley (-$33/MT) and Black Soil (-$37/MT). They remained stable in the South as well as Siberia.4th grade soft...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.