Russian Grain Markets: 4-10 September 2013 Harvesting Updates As of 6 September, grain and leguminous crops were harvested on 27.6 million hectares, 60 percent of the forecast (2.9 million hectares less than as of the same date in 2012). The volume of grain produced was 64.7 MMT (7.9 MMT more than as of the same date in 2012) with the average yield of 2.34 MT/hectare (1.86 MT/hectare in 2012). Specifically, wheat was harvested on 15.2 million hectares, 60.5 percent of the target (41.1 MMT produced with the average yield of 2.79 MT/hectare), barley was harvested on 6.3 million hectares, 69.6 percent of the target (12.8 MMT produced with the average yield of 2.03 MT/hectare) and corn was harvested on 106,300 hectares, 4.4 percent of the...
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...
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...
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.