Both Russia and Ukraine have reported domestic grain stock volumes that have notably changed from a year ago. Meanwhile, the board chairman of Cherkizovo Group has made suggestions regarding how the Russian government should address its lack of grain storage capacity. Russian Grain Markets Planting Update As of 20 April 2015, spring crops were planted on 4.2 million hectares (8.1 percent of the target). This includes grain crops on 2.6 million hectares (8.5 percent of the target). Market Trends: 13-17 April 2015 Wheat and corn prices continued to drop, while barley prices grew and rye prices were stable. As in the previous week, the main reasons for these trends were strengthening of the ruble and the upcoming new season. GEOGRAPHICAL...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
Key Takeaways: The latest UN data shows solid progress reducing global hunger and food insecurity. The geography of hunger-affected people has shifted substantially, however, and Africa is now the most affected region. To understand why hunger patterns have shifted and what policy option...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
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.