The weather in Bulgaria and Romania is generally favorable for winter wheat development, as well as for harvesting the remaining 10 percent of the corn crop. Milling Wheat The market in the Black Sea remained about unchanged with limited activity. During the first 4 months of the 2015/16 campaign, Russia has exported 11 MMT of wheat, which is about 45 percent of the exportable surplus. Ukraine has exported 7.5 MMT during the same period which is about 55 percent of the surplus. The drought in Ukraine remains a concern for the winter wheat condition but there are rains in the forecast for the coming days. The EU allocated 293 KMT of wheat export licenses, bringing the total to 7.1 MMT versus 10.3 MMT allocated at the same time last year. T...
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...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
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.