The president of the Russian Grain Union said Russia's current financial problems may negatively impact the planting of grains. Ukraine has planted early spring grains and leguminous crops on 90 percent of its target area as of 7 April 2014. Russian Grain Markets Planting Update Russian farmers planted spring grain crops on 1.9 million hectares (3.6 percent of the target) as of 8 April 2014. Market Trends: 31 March–4 April 2014 During the week in review, grain market prices continued to increase. GEOGRAPHICALLY: 3rd grade soft milling wheat prices kept rising in the South and Ural (+$6/MT), Central (+$6.50/MT), Volga Valley (+$4/MT), Black Soil (+$2.50/MT) and Siberia (+$9.40/MT).4th grade soft milling wheat prices continued to incre...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
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.