Global sunflower seed production is only about one-seventh as large as soybean output, but it has surprisingly continued on a similar trend in supply despite the war between the two largest producers, Russia and Ukraine. Ukraine’s sunflower seed production faltered in 2022 at the outset of the war, rebounded last year and is expected to increase slightly this year. Because of its higher value per unit of production, and thus easier logistics, Ukrainian farmers will emphasize their sunflower seed plantings this year. However, the concern on the supply side is the dwindling position of global sunflower carryover stocks. They have fallen nearly 70 percent since the war started. They have fallen from 15 percent to 4 percent on a st...
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.