Russian Grain Market: 17-24 July 2012 GRAINS AND PRODUCTS Weather Conditions Because of the lasting drought, a state of emergency has been introduced in the Bashkortostan (starting 20 July), Orenburgskaya (starting 25 July) and Cheliabinskaya (starting 18 July) oblasts. Export Updates According to data provided by the National Customs Service, since the beginning of the new marketing year (2012/13), Russia has exported 902,000 MT of grains, including 763,000 MT of wheat, 109,000 MT of barley, 5,000 MT of corn and 25,000 MT of other grain crops. Economic Environment Russian President Vladimir Putin signed a law that authorizes the protocol for Russia's accession to the World Trade Organization (WTO). According to the procedure, in 3...
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.