Russian Grain Markets: 6-10 May 2013 Planting Updates As of 6 May, spring crops were planted on 13.8 million hectares (27.2 percent of the planned area), which is 2.6 million hectares more than how much was planted by the same date in 2012. Spring grain and pulse crops account for 8.3 million hectares (27.4 percent of the planned area), which is up 1 million hectares compared to the same date last year. Spring wheat was planted on 918,600 hectares (7.1 percent of the planned area) and spring barley was planted on about 4 million hectares (49.6 percent of the planned area). Market Trends The working week was truncated by the May holidays, which is why there was little market activity. Scarce data on the development of the domestic grai...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.