Russia's annual report covering food safety has noted that measures taken by the government to stabilize the situation in agriculture will result in general growth of agricultural production despite the external fiscal factors influencing the country's domestic economy and causing RUB fluctuations.Due to the May holidays, market information was limited and there was little change. Russian Grain Markets Planting Updates As of 4 May 2014, spring grain crops were planted on 9.5 million hectares (29.7 percent of the target). This included 1.3 million hectares of spring wheat (10.1 percent), 4.6 million hectares of spring barley (52.8 percent) and 1.5 million hectares of spring corn (57.7 percent).Sunflower seed was planted on 2.3 million hec...
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...