A downward trend continued to dominate the Ukrainian milling wheat market last week and also spread to corn. The main reasons for this were the growing offer of new harvest stocks and the general decrease of prices on international markets with a stable hryvnia also a contributing factor. Russian Grain Markets Market Trends: 4-8 July 2016 Prices continued to drop in the European part of Russia because of the increasing offer of new harvest grain, but they remained stable or grew only slightly in the Asian part. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$4.60/MT), Central ($3.80/MT), Black Soil (-$6.25/MT) and Volga Valley (-$5/MT), but they remained stable in Ural and rose slightly in Siberia (+$0.20/M...
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...
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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.