Russian Grains Market: 6-10 June 2022 Russian markets remained bearish, however the market where prices are formed – Black Sea export market – was more dead than alive. Export purchases are a gamble because of the unclear situation on the Ukrainian front. Azov and Black Sea ports trading is exclusively Russian now, but sporadic negotiations are under way between Russia, Turkey, and other countries to unblock this direction. Obviously, this is not currently in Russia’s interest as it can continue robbing Ukraine of its grain, move it further to Crimea, load onto vessels and move worldwide receiving a premium price which is being formulated in the world. Russia is also enjoying additional revenue to the federal budge...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.