Russian Grain and Oilseed Markets: 24 – 28 April 2023 Russia’s grain market remained bearish. Across the country, grains lost value except for Siberia which is still stable and even slightly bullish. However, Siberia is not going to maintain better prices as overall trends both globally and domestically are clearly bearish for the near term. Good prospects for new crop and low demand during the May holiday season will push prices further down. Farmers see that the bear is inevitable and are already prepared to sell for less… if they find a buyer. Export duties are going down, but this will not save the market from crashing, especially with a stronger RUB and an overall global bearish trend. Most likely the Russia...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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.