World Perspectives

Russia-Ukraine War Commodity Perspective

According to reports from Ukraine’s Ministry of Defense intelligence operations, Russia has been purposefully bombing and/or commandeering agricultural machinery in the Ukraine, at least through last week. The latest was in the Sumska Oblast in north central Ukraine where a warehouse full of equipment was destroyed. Other areas hit include neighboring Chernivetska, the Kyivska Oblast surrounding Kyiv, and Kahrkivska where Kahrkiv is located. Zaporizka (southeast) and Khersonska (south central where the ports are located) have also been targeted.  Data compiled by USDA FAS, reported from the State Statistics Service of Ukraine, the five-year 2016-2020 average production of wheat and corn for each region is in the table below, wit...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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