World Perspectives
wheat

Thoughts from the Annual Caribbean Millers Association Meeting

Cheap Turkish flour, which has plagued much of the world for the last decade, has found its way into the Caribbean. Haiti has been targeted, and the problem is becoming significant. That particular flour is reportedly being sold at $280/MT, and the landed wheat price in Haiti (according to one flour miller there) is about $320/MT. Thus, it is a major problem if someone is selling flour at a $40/MT discount to wheat. U.S. Wheat Associates and many other concerned trade associations around the world have been combating the Turkish flour problem but with limited success. Complaints have been filed with the WTO on both the flour dumping problem and the illegal subsidization of Turkey’s wheat farmers that is far above approved level...

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Summary of Futures

May 26 Corn closed at $4.4575/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.7725/bushel, down $0.1425 from yesterday's close.  May 26 Soybeans closed at $11.64/bushel, down $0.0675 from yesterday's close.  May 26 Soymeal closed at $312.9/short ton, down...

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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.

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