Russia and Ukraine have both released the total volumes of their respective grain exports for MY 2016/17. Ukraine has also reportedly experienced a very significant expansion in sunflower oil production and exports. Russian Grain Markets: 3-7 July 2017 Market Trends Prices rose under the influence of growing demand from exporters, but they deceased in USD expression because of the weakening ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South (+$2.10/MT) as well as Central, Volga Valley and Ural (+$0.40-0.70/MT), but they remained stable in Siberia and Black Soil.4th grade soft milling wheat prices grew in the South (+$3.50/MT) as well as Volga Valley and Black Soil (+$0.50-0.70/MT), fell in Central (-$0.20/...
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.