Ukraine's 2014 grain production is expected to total 58.5 MMT, 7 percent less than in 2013. This includes 21 MMT of wheat, 7.9 MMT of barley and 27.8 MMT of corn. Domestic consumption of grains in MY 2014/15 is forecast to reach 27.3 MMT. Russian Grain Markets Harvest Update Russia's Ministry of Agriculture reported that 83 MMT of grain were harvested from 30.8 million hectares (66.1 percent of the target) as of 9 September. Included were 51.1 MMT of wheat (3.05 MT/hectare), 18.7 MMT of barley (1.33 MT/hectare), and 1.7 MMT of corn (5.15 MT/hectare). 953,900 MT of rapeseed were harvested from 576,200 hectares (1.66 MT/hectare), and 1.5 MMT of sunflower seed were harvested from 718,800 hectares (2.28 MT/hectare). Market Trends: 1-5 Septe...
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.