Ukrainian Agrarian Policy and Food Minister Oleksiy Pavlenko announced the grain harvest forecast on 7 September 2015, which he noted will be 255 percent of domestic consumption. As a result, a substantial volume will be available for export. Russian Grain Markets Harvest Update Over 77.4 MMT of grain were harvested from 30.1 million hectares as of 7 September 2015 (64.1 percent of the target) compared with 80 MMT from 29.2 million hectares as of the same date a year ago. This specifically included 52 MMT of winter and spring wheat from18.3 million hectares (68.1 percent of the target) and 15.3 MMT of winter and spring barely from 6.5 million hectares (73.5 percent of the target). Additionally, 1.1 MMT of corn were harvested from 210,000...
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...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
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...
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.