Russian Grain Market: 2-6 April 2012 GRAIN COMMODITIES AND FLOUR Planting Updates According to information received from the Ministry of Agriculture on 10 April, the recent seeding campaign covered the Southern Federal District and North Caucasian Federal District. The overall planting area as of 10 April is over 665,000 ha, which is almost 40,000 ha above last year's indicator. Several regions are well ahead of past year's indicators -- namely Stavropol (up 83,400 ha). Rostov is also ahead, and the Far East Federal District is up 6,200 ha. Fertilization of winter crops is under way as well: 3.7 million ha have been fertilized, which is 23.3 percent of the total scheduled for fertilization.During the week in review the Russian domestic...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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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.