Russian Grain Markets: 24 September–1 October 2013 Harvesting Updates As of 26 September, grain and leguminous crops were harvested on 34.2 million hectares, 74.1 percent of the planted area (35.5 million hectares were harvested as of the same date in 2012 and 36.2 million hectares as of same date in 2011). The volume of the grain produced was 75.5 MMT (10.4 MMT more than as of the same date in 2012) with the average yield of 2.21 MT/hectare (1.83 MT/hectare in 2012). Specifically, wheat was harvested on 19.1 million hectares, 76.2 percent of the target (46.9 MMT produced with the average yield of 2.45 MT/hectare), barley was harvested on 7.3 million hectares, 80.9 percent of the target (14.6 MMT produced with the average yield of 2 M...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.