Russian Grain Markets: 3-10 July 2012 Grains and Products As of 9 July 2012, Russia produced 8.3 MMT of grains with an average yield of 2.59 MT/ha. According to the Russian Ministry of Agriculture, farmers harvested grains on 3.2 million ha, or 7.1 percent of the target. Specifically, wheat was harvested on 2.8 million ha with a total yield of 7.4 MMT (average yield of 2.61 MT/ha); barley was harvested on 161,000 ha with a total yield of 521,000 MT (average yield of 3.24 MT/ha); and rapeseed was harvested on 17,100 ha with a total yield of 20,900 MT (average yield of 1.23 MT/ha).Regions of the Southern, North Caucasian, Central and Volga Federal Districts have begun harvesting of grains and leguminous crops, but weather conditions are s...
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...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
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 €...
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.