Russian Grain Markets: 19-25 June 2012 GRAINS AND PRODUCTS Planting and Harvesting Updates According to the Russian Ministry of Agriculture, the target areas under agricultural crops will total 76.3 million ha in 2012, including 44.8 million ha of winter and spring grains and leguminous crops. Harvesting of winter grains and leguminous crops began on 19 June, 10 days earlier compared to last year, in regions affected by the spring droughts. As of 25 June, Russia harvested about 200,000 MT of grains with an average yield of 2.9 MT/ha (versus 4.8 MT/ha as of the same date last year and 5.5 MT/ha in 2010). Market The world market's influence on Russia's domestic grain market was finally clearly seen last week as trade slowed. Geographi...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.