Russia has exported 434,000 MT of grain as of 15 July 2015 and from the beginning of MY 2015/16, a 56.9 percent decrease compared with the same period in the previous season. Included were 200,000 MT of wheat, 137,000 MT of barley, 93,000 MT of corn and 4,000 MT of other grains. Russian Grain Markets Harvest Update Grains were harvested from 6.7 million hectares (versus 9.1 million hectares in 2014) as of 21 July 2015, which produced 24.8 MMT (compared with 31.7 MMT last year). Included were winter and spring wheat from 5.1 million hectares (19.2 MMT produced) as well as winter and spring barely from 786,200 hectares (2.7 MMT produced). Rapeseed was harvested from 82,500 hectares (130,400 MT produced). Market Trends: 13-17 July 2015 Th...
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...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.