Russian Grains Market: 6-10 June 2022 Russian markets remained bearish, however the market where prices are formed – Black Sea export market – was more dead than alive. Export purchases are a gamble because of the unclear situation on the Ukrainian front. Azov and Black Sea ports trading is exclusively Russian now, but sporadic negotiations are under way between Russia, Turkey, and other countries to unblock this direction. Obviously, this is not currently in Russia’s interest as it can continue robbing Ukraine of its grain, move it further to Crimea, load onto vessels and move worldwide receiving a premium price which is being formulated in the world. Russia is also enjoying additional revenue to the federal budge...
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
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.