World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Russian wheat offer at the market remains unchanged from last week, but there were no reported trades or close buying interests.Egypt's GASC purchased 180,000 MT of French wheat and 60,000 MT of Romanian wheat. It paid between $303.82-305.61 for the French and $299.74 for the Romanian on a CNF basis. It was the first time since the start of the 2013/14 campaign that the GASC purchased French wheat. There was just one offer for Russian wheat at $291.87 FOB, or equivalent to $307 CNF.Lebanon bought 20,000 MT of Romanian wheat at $317.70 CNF. The lowest offer for Russian wheat was about $4 higher.The EU allocated 612,000 MT of wheat export licenses last week, bringing the total to 10 MMT versus 6.4 MMT allocated at the s...

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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.

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