Russian Grain Markets: 10-14 September 2012 Harvesting Updates The Russian Grain Union forecasts the grain crop in that country at 72 MMT. The crop currently already harvested amounts to 63 MMT. Russian Grain Union President Arkady Zlochevsky believes that approximately 4 million hectares may not be harvested due to adverse weather conditions. However, this agency believes that stocks are sufficient for domestic consumption and forecasts an export potential at 16-17 MMT. Foreign Trade Import: The Russian Grain Union forecasts that Russia may import 1.5-2 MMT of grain. Russia traditionally imports around 1 MMT of grain per year. Now that a Customs Union is in place, imports from Kazakhstan and Belarus may become a regular procedure.Exp...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.