Regional News Ukraine’s spring planting has reached 13.182 Mha, 78 percent of the expected acreage. Of that, 4.553 Mha were sown to corn (83 percent of expectations) and 4.574 Mha were planted to sunflower seeds (70 percent of the expected area). South Korea’s POSCO International announced the firm intends to import grain from Ukraine via land routes from the western portion of the country. Algeria purchased 90 KMT of wheat at $480/MT CNF for July-August delivery last week. Milling Wheat EU and UK wheat futures followed the CBOT’s selloff last week, falling €26/MT and £21/MT, respectively, last week. The week’s declines came amid rumors and discussions of Russia allowing Ukrain...
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.
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...