As of 20 August 2014 and from the beginning of MY 2014/15, Russia exported 5.857 MMT of grains (22.7 percent more than during the same period in the previous market year). Exports totaled 2.742 MMT during the 1-20 August period. Russian Grain Markets Harvest Update Russia's Ministry of Agriculture reported that 71.5 MMT of grains were harvested on 24.4 million hectares (52.3 percent of the target) as of 25 August. Included were 46.2 MMT of wheat (3.39 MT/hectare) and 15.9 MMT of barley (2.59 MT/hectare), etc. 676,500 MT of rapeseed were harvested on 381,100 hectares (1.78 MT/hectare). Market Trends: 18-22 August 2014 GEOGRAPHICALLY 3rd grade soft milling wheat prices were stable or increased at a slower rate than the previous week. Th...
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...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.