Ukraine has become an important supplier of corn over the past decade, increasing its exports by 155 percent. However, its share of the global market has only risen from 13.3 percent to 15.8 percent because over that same period, global trade in corn rose by more than 114 percent. The area harvested for corn in Ukraine has increased 24 percent, but its advancement in yield has been below potential. Over the past decade, the Ukrainian corn yield increased by 1.25 MT/ha whereas the U.S. yield grew by 1.71 MT/ha. This is true even though U.S. yields are already a third greater and should be subject to a diminishing return on productivity gains. The recent change in law ending a 20-year ban on private farm land sales may lead to improved...
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...
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...
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.