Prices grew everywhere on the Russian market with active buying and selling at the week's beginning, but business then practically came to a halt by its end. This was all influenced by changes in the domestic currency. Russian Grain Markets Harvest Update Over 71 MMT of grain were harvested from 26.7 million hectares (56.8 percent of the target) as of 31 August 2015 compared with 75.3 MMT in 2014. This included 48.7 MMT of winter and spring wheat from16.2 million hectares (60.1 percent of the target) and 14.2 MMT of winter and spring barley from 6 million hectares (67 percent of the target). 474,900 MT of rapeseed were also harvested from 268,700 hectares (25.9 percent of the target). Planting Update Winter crops were planted on 2.9 mi...
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...