Russian Grain Markets: 28 August–1 September 2023 Russian grain markets finally signaled that the new crop is calling the shots on the market. Southern areas went bearish because of ample supply and slow logistics while inland trading is trying to find its bottom price as farmers are not yet ready to sell for less. Moreover, exporters are not offering better prices at the moment with seaport and riverport terminals full and logistics across the Black Sea changing almost daily as Russia and Ukraine hit targets on the Black Sea, both military and non-military, thus sending insurance levels to the roof. A recent GASC tender also does not leave much hope for Russia especially with current levels of export duties as French wheat a...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
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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.