Russian Grain Markets: 7 – 11 July 2025 The export market is drawing all the attention and in the southern (export oriented) regions of Russia, demand and hunger for more business surpass supply, thus bringing prices back to previous levels, sometimes even higher. In some regions where harvesting is just starting, bearish trends are present but the overall situation with European Russia demand and export trading show bullish sentiments. A big part of the reason behind bullish behaviour of the market is delayed harvest and possibly pre-contracted export volumes. Moreover, yields are below earlier expected levels meaning even fewer tons of new crop are available on the market for immediate delivery. However, although yields remain low,...
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.
What You Need to Know Today: Last week’s Trump-Xi meetings included China agreeing to roll back $60 billion in tariffs on a huge swath of U.S. ag products, just notably not soybeans. The exclusion of soybeans from the tariff-reduction list means China’s state-run importers COFCO an...
Key Takeaways: The U.S.-China agreement lowers tariffs on several U.S. agricultural products, but the lack of additional soybean commitments or greater certainty surrounding China’s existing 25 MMT purchase pledge made the deal a slight disappointment. Lower tariffs on U.S. corn are unli...
Wheat Argentina Wheat crop conditions remain broadly favorable despite a week marked by frost and localized hailstorms. Currently, 94.6 percent of the crop is rated Normal to Excellent. The most severe storms were reported in central-northern Córdoba and central-eastern Entre Ríos...