Russian Grain Markets: Most Russian grain and oilseed markets are quiet with many traders on holiday from 1-7 January. Consequently, that section of this weekly article will not be published today but will resume next week on 9 January. Russia: Grain Export Update Sea exports: During 21-27 December 2018, Russian seaport grain exports amounted to 601,000 MT, including 525,000 MT of wheat, 48,000 MT of corn and 28,000 MT of barley. The largest importers were Egypt (189,000 MT), Turkey (98,000 MT) and the United Arab Emirates (55,000 MT). Russia: Total 2018 Grain and Oilseeds Yields According to the data published by the Federal State Statistic Service, in 2018 producers harvested 112.902 MMT of grains and leguminous cro...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.