Russian Grain Markets: 11-15 April 2022 The Russian Ministry of Agriculture reported expectations that spring crops will be planted on 81.3 Mha of land, an increase of 1 Mha from last year. Agriculture Minister Dmitriy Patrushev expects the crop to reach 123 MMT, with wheat accounting for 80 MMT. Although sanctions are affecting the Russian agricultural sector, previously imported seeds, fertilizers, and chemicals should be sufficient for the spring planting campaign. This is especially true if China, one of Russia’s main trading partners in agricultural chemicals, keeps its doors open for economic cooperation. As of early April 2022, Russia planted 542,000 ha of spring crops and fertilized 6 Mha of winter crops. The Ministry is con...
What You Need to Know Today: Attacks between the U.S. and Iran intensified overnight and the U.S. Central Command reported that the U.S. naval blockade against Iran will begin at 3:00 PM CDT Tuesday. President Trump said the Strait of Hormuz is open to all shipping traffic, except Iran. In an...
Key Takeaways: Aquaculture is becoming increasingly important in meeting global seafood demand, gaining market share as wild-caught fisheries face production limitations. Superior feed conversion efficiency gives aquaculture a competitive advantage over traditional livestock production, with l...
Mediterranean/Middle East/North Africa/Africa – MEA Region Syria's new Russian logistics hub at Tartous port is expected to be operational by the end of July. It is expected to handle 250,000 MT of cargo per month, including wheat and other grains. Initial shipments are expected to be Rus...
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.