Although both Romania and Bulgaria planted about 10 percent less wheat this past fall because of the excessive rains, the crops may be very similar to last year due to the significantly higher yields. Milling Wheat The Black Sea market remained close to unchanged last week. The harvest in southern Russia and Ukraine is slightly delayed due to the recent rains. Consequently, exporters are concerned about the execution of the July shipments. The reported quality from the start of the harvest in both countries is rather disappointing. Local analysts and traders in Ukraine are estimating the milling wheat versus feed wheat ratio at 60/40 this year., Based on the current price of $200/MT FOB, the export tax for Russian wheat 12.5 percent prote...
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...
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.