The Black Sea milling wheat market is lower due to the strength of the U.S. dollar and slow demand. Russian origin is facing more competition from France, Germany and Poland as the weaker EUR is pressuring the prices in USD. Milling Wheat The Black Sea market is lower due to the strength of the U.S. dollar and slow demand. Russian wheat is facing more competition from France, Germany and Poland as the weaker EUR is pressuring the prices in USD. The weather conditions for winter wheat development in southern Russia and Ukraine have improved significantly during the past two weeks as the region has received abundant rains and temperatures have been higher than normal. The critical moment for winter wheat there will be in two-three weeks as...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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Accountability and a comprehensive approach to export programming
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