Russian Grain Markets: 16 – 20 December 2024Last week, the Russian grain markets showed the first signs of the holiday season with rather weak trading. Russian grain markets and especially export business will adjust to the Christmas season globally which will then enter Russian Orthodox Christmas which is now celebrated two weeks later. Russia remains one of the few countries to do so as Ukraine has adopted the western style of Christmas celebrations on a national level.Russian grain stocks are slowly but steadily melting which allowed export-oriented trading to remain bullish up until the beginning of the holidays. Increased export duties, however, are cooling the desire of the exporters to pay more for wheat and barley as corn is hardly...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.