Russian Grain Market: 26 June – 2 July 2013 Harvesting Updates As of 1 July, grain crops were harvested on 2.3 million hectares. The volume of the grain produced was 8.5 MMT with the average yield 3.67 MT/hectare. Specifically, wheat was harvested on 1.9 million hectares (6.8 MMT produced with the average yield 3.58 MT/hectare) and barley was harvested on 334,600 hectares (1.5 MMT produced, the average yield 4.51 MT/hectare). Grain Market Interventions The Intervention Fund put up 44,888 MT of grains for exchange commodity trading on 26 June 2013 and sold 32,325 MT.Since the beginning of the public grain interventions in 2012, the State Intervention Fund already sold 3.643 MMT of grains on the stock exchange at total amount of RUR 29...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.