Russian Grain Markets: 16–20 September 2024 Russian grain markets remained stagnant as export demand is weak and domestic demand is even weaker. Moreover, appreciation of grains earlier in the month reached its peak at this stage of the game and buyers are very careful right now. Sellers are not in a hurry to sell their crops either. Export duties will play an important role in the near future for the export market. There many discussions about a “poor” Russian grain crop this season and delayed planting campaign of winter wheat, but this does not help prices grow. At least at this point. What could improve Russian wheat prices is winning a major deal in a tender but there are many "ifs" there too. If this is going...
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...
The new USDA report from the Agricultural Marketing Service (AMS) for Colorado, New Mexico, Texas, Oklahoma, and Kansas, the newly dubbed South Central Daily Direct Slaughter Cattle Report Summary, showed that negotiated cash trade in the region as of Tuesday was mostly inactive, with only ligh...
Key Takeaways: The United States, Brazil, Argentina, and Ukraine dominate global corn exports, with geography, trade relationships, and seasonal production patterns shaping their competitive advantages. U.S. corn exports reached a record 87.1 MMT in 2025/26, with Mexico, Japan, South Korea, an...
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.