The EU allocated 819,000 MT of wheat export licenses last week, bringing the total to 16.7 MMT versus 10.8 MMT allocated at the same time last year. Milling Wheat The Black Sea market has been stable during the last two weeks with a limited volume of trades reported.The EU allocated 819,000 MT of wheat export licenses last week, bringing the total to 16.7 MMT versus 10.8 MMT allocated at the same time last year. It was very competitive over the last two months, and this was immediately reflected in the volume of export commitments from France and Germany. The Black Sea wheat market has been under big pressure over the last few weeks. Consequently, Russian and Ukrainian wheat are currently cheaper than French wheat.The winter has finally a...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
From WPI Consulting
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.