Russian Grain Markets: 14–18 September 2026 The Russian grain market remained bearish during the second week of September, although the market is attempting to establish a bottom as trading is now dominated by new-crop supplies. Logistics remain a major factor. Farms and traders located between the Black Sea and Baltic Sea have an advantage because freight costs are similar, while those closer to the Black Sea have fewer alternatives unless the Caspian Sea is accessible. September wheat exports are expected to remain historically low at around 2 million tons, with the month-end forecast at 2.1–2.2 million tons. During the first three months of the marketing year, Russia exported 5.4 million tons of wheat, down 53 percent from la...
What You Need to Know Today: Chinese President Xi Jinping arrived at the White House today as part of a highly anticipated three-day visit to the United States, marking his first visit to Washington in eleven years. Trade is expected to feature prominently in discussions with President Trump,...
Key Takeaways: The United States shifted from a decades-long agricultural trade surplus to a growing deficit, reaching roughly forty-one to forty-four billion dollars in recent fiscal years, a structural change rather than a cyclical dip. Brazil has overtaken the United States as the leading s...
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.