Ukrainian forces continue to stymie the Russian attack, prompting Russia to intensify its efforts in Kharkov and Kiev. Russia warned that attacks on civilian areas of Ukraine will increase, and Ukraine once again pleaded with the West for aid, support, and entry into NATO and/or the EU. The West continues to hit Russia with aggressive financial penalties, creating chaos in Russia’s banking and financial system. As of this writing, one Russian ruble is worth less than one U.S. cent. The longer the conflict in Ukraine lasts, the more the market realizes its effects will be both long-lasting and widespread. There is now no doubt that Ukraine’s spring planting effort will be hindered and delayed by everything from infrastructure an...
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.
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...