Regional News Insurance companies involved in offering policies for Russian oil traversing the Black Sea have increased premiums by 1 percent to 1.2-1.25 percent in response to Ukraine’s recent attacks on Russian vessels. Ukraine’s Ministry of Agriculture said that the “majority” of Ukrainian farmers do not plan to significantly change the area sown to winter crops this year. Forty-five percent of farmers reported planning to not significantly reduce planted area while 38 percent said they expect to increase plantings and 14 percent said they do not plan to plant winter crops. The share of farmers not planning to seed winter crops is in line with the normal rate of about 20 percent who skip the winter s...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...