Russian Grain Markets: 4–8 December 2023 As of 8 December, the Russian government reports the wheat crop at 95 MMT in bunker weight versus 105.6 MMT a year ago. The information from the Ministry is delayed and is usually adjusted several times. Wheat was reportedly harvested from 29.1 Mha versus 29.3 Mha in 2022 (averaging 3.27 MT/ha versus 3.61 MT/ha). Barley was harvested from 7.8 Mha versus 8 Mha producing 22.1 MMT versus 24.5 MMT, averaging 2.82 MT/ha versus 3.09 MT/ha. Corn was harvested from 2.2 Mha versus 2.1 Mha producing 15.8 MMT versus 12.7 MMT, averaging 7.23 MT/ha versus 6.0 MT/ha. During the first week of December, domestic markets went into a temporary stagnation phase. It’s no wonder as Russia’s grains sto...
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.