Wheat Last week’s rains slowed the wheat harvest, which advanced 9 percent last week. Argentina’s wheat crop is 40 percent harvested with yields averaging 1.68 MT/ha. Yields will start to increase as the harvest moves south and into areas less affected by drought. The crop is still estimated between 16.7-16.8 MMT. The local market has been slowly trading sideways between $205-210/MT ($245-250/MT FOB equivalent) with volumes mostly focused on spot positions. Farmers have sold 6.7 MMT so far, of which exporters have purchased 6 MMT. That is a sizeable volume for this point in the crop year given that the total export program is forecast at 10 MMT. The vessel lineup is starting to increase and there are vessels waiting to load 1...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
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.