Russian Export Updates As of 22 May, Russia exported 14.9 MMT of grain since the beginning of MY 2012/13. Grain exports made during 1-22 May amounted to 323,000 MT, including 188,000 MT of wheat, 87,000 MT of corn, 47,000 MT of barley and 1,000 MT of other crops. Russian Grain Harvest May Reach 100 MMT A Rusagrotrans official predicted that the total grain harvest in Russia may reach 97.2-100 MMT in 2013. The optimistic forecast was based on the increased grain planting areas in the Southern, North Caucasian and Central Federal Dsitricts. The expected increase in grain production allows the Russian grain export forecast to increase from 22-23 MMT to 23-25 MMT. Ukrainian Planting and Harvest Updates As of 28 May, Ukrainian farmers pla...
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.