The Ukrainian Ministry of Agrarian Policy and Food indicated on 25 August that the country will export 36.83 MMT of grain in MY 2015/16 versus 34.8 MMT in MY 2014/15. Iran is also reported to be interested in importing a substantial volume. Russian Grain Markets Harvest Update As of 24 August 2015, 65 MMT of grain were harvested from 23.4 million hectares (49.9 percent of the target) compared with 70 MMT from 23.6 million hectares in 2014. This includes 45.7 MMT of winter and spring wheat from 14.6 million hectares (54.3 percent of the target) and 15.1 MMT of winter and spring barely from 5.3 million hectares (58.9 percent of the target). 389,900 MT of rapeseed were also harvested from 208,600 hectares (20.1 percent of the target). Plan...
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.
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...