Russia's domestic prices for 3rd and 4th grade soft mililng wheat increased for the most part during 3-9 October, and 5th grade feed wheat prices dropped across several regions. Meanwhile, the country's grain harvest is close to completion. Russian Grain Market Grain Market intervention A regular stock exchange trading session was held on 12 October in relation to the country’s grain market intervention. The State Intervention Fund’s purchases are detailed below:Since the beginning of the stock exchange trading (19 September) and as of 12 October, the Intervention Fund has purchased 417,420 MT of grain for a total amount of RUB 4.054 billion. Market Trends: 3-9 October 2016 The Russian grain market continued to follow the trends of the...
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...
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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.