The Ukrainian grain markets saw an increase in both domestic and export prices for feed barley, corn and several types of wheat. Contributing factors were global market trends and devaluation of the national currency. Russian Grain Markets Harvest Update Grains were harvested on 3.7 million hectares as of 13 July 2015 (versus 5.1 million hectares in 2014) and produced 13.8 MMT of grains (against 18 MMT in 2014). This included winter and spring wheat on 2.6 million hectares (9.7 MMT produced) as well as winter and spring barely on 570,700 hectares (2.2 MMT produced). Market Trends: 6-10 July 2015 The situation on the Russian domestic grain market was unclear. First, the volume of 2015 grain offered was limited, while it is usually more...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.