Russian Grain Markets: 5–9 August 2024 Crop Outlook Russian analysts woke up to the fact that grain production reported from farms is higher than originally predicted. The reaction was quick and most of the main analytical agencies in Russia reforecast their numbers upwards. Particularly, IKAR increased their forecast from 128 MMT to 129.5 MMT excluding occupied territories but including Crimea. They predict wheat production at 83.8 MMT versus 83.2 MMT, barley at 17.2 MMT versus 16.9 MMT, and corn at 14.3 MMT versus 14 MMT. Logically, if you increase production, you might as well increase export potential. That was done and now IKAR sees Russia as a potential exporter of 56.2 MMT of grains versus 55 MMT earlier, of which wheat is 4...
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.