Please note that because of the May holidays, there are no Russian market updates this week. Russia: Planting Update According to the Russian Ministry of Agriculture, spring crops were planted on 5.5 million hectares (10.3 percent of the target) as of 26 April. Spring grains and leguminous crops were planted on 3.2 million hectares (10.4 percent of the target), including 316,700 hectares of spring wheat (2.5 percent of the target), 1.3 million hectares of spring barley (16.7 percent of the target), 863,300 hectares of corn (28.7 percent of the target), 901,000 hectares of sunflowers (11.9 percent of the target), 45,100 hectares of spring rapeseed (4.3 percent of the target) and 135,500 hectares of soybeans (4.9 percent of the targ...
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 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...
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.