Russian Grain Markets: 9-13 April 2012 GRAINS AND PRODUCTS Planting Updates Delayed spring and cool weather has hampered the planting progress in Russia, and in certain areas planting is lagging 50 percent behind the past year's indicators. The Ministry of Agriculture reported that the spring planting campaign this year will cover 50.8 million ha, of which small grains will cover 30.3 million ha. According to the Prime Minister Putin, planting area this spring is most likely to increase but the window for planting is very short.Kazakhstan also started spring planting, and as of 17 April spring grains planting was complete on 53 percent of the total area and oilseeds over 35 percent. Perennial grasses cover over 81 percent. The overall...
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.