Regional News European weather trends remain unfavorable for crops with drought in Hungary and Romania hurting winter crop development and yield potential while wet weather slowed summer crop seedings across France, Germany, and Italy. Now, heatwaves across Spain, eastern Europe and the Black Sea are threatening both winter and summer crop yield potential. The economic links between Russia and China are growing as the two countries engage in more trade. From January through May 2024, Russia exported 124 KMT of wheat to the Middle Kingdom, a 9.3-fold increase from the prior year. India is on track to import a record large 500 KMT of sunoil in June, sourced from unknown countries (likely a combination of Russian or Ukrain...
Macro: Treasury Squeezes Yields, the Dollar Gives Way Today’s markets are offering a lesson in pressure: it rarely disappears — it simply moves. The U.S. Treasury stepped into the bond market after long-term yields surged to levels not seen in nearly two decades. By announcing plans...
Key Takeaways: Weather conditions in Europe have continued to deteriorate following both the EU MARS’ latest balance sheet update and the August WASDE, leaving “official” estimates lagging behind the reality observed on the ground. WPI’s models anticipate a 4 perc...
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.