Russia's new marketing season started 1 July, but there was no traditional decrease of prices as the new harvest grain entered the market. Instead, prices grew in the southern regions after sharply dropping there the previous week. Russian Grain Markets Harvest Update Grains were harvested on 1.2 million hectares as of 6 July 2015 compared with 1.9 million hectares in 2014, and 4.5 MMT of grains were produced versus 7.1 MMT a year ago. Included were winter and spring wheat on 517,000 hectares (2 MMT produced) as well as winter and spring barley on 319,600 hectares (1.4 MMT produced). Market Trends: 29 June-3 July 2015 The new marketing season started 1 July, but there was no traditional decrease of prices as the new harvest grain enter...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.