Ukrainian Minister of Agrarian Policy and Food Ihor Shvaika met with EU commissioners on 13 May to discuss trade-related issues and further development of agricultural cooperation. Russian Grain Market Planting Updates As of 12 May 2014, spring grain crops were planted on 14.0 million hectares (43.9 percent of the target). Included were 3.1 million hectares of spring wheat (23.7 percent), 5.9 million hectares of spring barley (67.4 percent) and 1.8 million hectares of spring corn (69.4 percent).Sunflower seed was planted on 3.4 million hectares (49.2 percent), spring rapeseed on 457,200 hectares (41.9 percent) and soybeans on 444,800 hectares (36.6 percent). Market Trends: 5-9 May 2014 During the week in review, the Russian marke...
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.