Russian Grain Markets: 29 August – 3 September 3 2013 Harvesting Updates As of 2 September, grain and leguminous crops were harvested on 25.8 million hectares, 55.9 percent of the forecast (3.3 million hectares less than as of the same date in 2012). The volume of the grain produced was 61.7 MMT (6.7 MMT more than as of the same date in 2012) with the average yield of 2.39 MT/hectare (1.89 MT/hectare in 2012). Specifically, wheat was harvested on 14.3 million hectares, 56.8 percent of the target (39.8 MMT produced with the average yield of 2.79 MT/hectare), barley was harvested on 5.9 million hectares, 65.6 percent of the target (12.2 MMT produced with the average yield of 2.05 MT/hectare) and corn was harvested on 58,200 hectares, 2...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...