Russian Grain Markets: 6 – 10 January 2025Traditionally during a prolonged holiday season, which in Russia does not coincide with the holiday season in most other countries because of the Russian Orthodox calendar, Russian grain trading volume is low. However, pricing forgot about the holiday season and bullish behaviour was seen all across the full range of agricultural commodities. The key factor here was forex. The only commodity which remained unchanged was peas and this can be explained by sporadic demand for this commodity and seasonality factors.Farmers are confident that the market is destined to be bullish as reports are coming out showing smaller and smaller remaining stocks.However, export lives its own life and is not prepared t...
What You Need to Know Today: The cattle market rebounded sharply this week, with January feeder cattle futures gaining $16.98/cwt and February live cattle futures advancing $7.60/cwt since last Friday. Tyson Foods' plans to restore a second processing shift at its Amarillo, Texas, facili...
Key Takeaways: The rationale for farm programs has changed significantly from their original intentions. Farmers’ incomes have grown sharply and have surpassed non-farm incomes beginning in the 1970s. Current farm programs are complex and focus on supporting risk management, environmenta...
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.