Russia's domestic prices for 3rd and 4th grade soft mililng wheat increased for the most part during 3-9 October, and 5th grade feed wheat prices dropped across several regions. Meanwhile, the country's grain harvest is close to completion. Russian Grain Market Grain Market intervention A regular stock exchange trading session was held on 12 October in relation to the country’s grain market intervention. The State Intervention Fund’s purchases are detailed below:Since the beginning of the stock exchange trading (19 September) and as of 12 October, the Intervention Fund has purchased 417,420 MT of grain for a total amount of RUB 4.054 billion. Market Trends: 3-9 October 2016 The Russian grain market continued to follow the trends of the...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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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.