Due to rising concern among buyers, limited offer from sellers and rumors about the poor condition of winter crops, prices on the Russian domestic market increased between 27-31 October. Russian Grain Markets Harvest Update The Russian Ministry of Agriculture reported that as of 31 October, 108 MMT of grains and leguminous crops had been harvested on 43.3 million hectares (96.1 percent of the target). Included were 61.5 MMT of wheat (2.61 MT/hectare), 21 MMT of barley (2.35 MT/hectare), and 9.8 MMT of corn (4.53 MT/hectare). There were also 8.2 MMT of sunflower seed produced from 5.7 million hectares (1.43 MT/hectare) and 2.3 MMT of soybeans from 1.7 million hectares (1.36 MT/hectare). Market Trends: 27-31 October 2014 Due to rising co...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
From WPI Consulting
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.