As Russia reports a substantial increase in grain exports thus far in MY 2014/15 compared to a year ago, Rusagrotrans has downwardly revised its forecast for exports in April. Meanwhile, China has agreed to import a notable volume of Ukrainian corn. Russian Grain Markets Planting Update As of 13 April 2015, spring crops were planted on 2.3 million hectares (4.4 percent of the target). This includes grain crops on 1.4 million hectares (4.6 percent of the target). Market Trends: 6-10 April 2015 Grain prices decreased in all regions, mainly due to significant strengthening of the ruble. GEOGRAPHICALLY: 3rd grade soft milling wheat prices decreased in Ural (-$4.70/MT), the South (-$4/MT), Volga Valley (-$3.30/MT), Black Soil (-$2.40/MT),...
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
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.