Russian Grains Market: 22–26 September 2025 The Russian grains market remained stable with a slightly bearish tone, particularly for corn, which led declines amid ongoing harvests and steady export flows. Barley and corn weakness is expected to pressure feed wheat prices. Peas are also under pressure due to a record crop, with pulse harvests potentially reaching 7.5 MMT—a historical high. October may mark a seasonal bottom for prices, with potential for a new trend to emerge. Weather conditions could affect corn harvesting, though current forecasts remain optimistic. Black Sea mini bulkers (3,000–5,000 MT) freight rose by $3/MT to $47/MT (Azov–Marmara). Freight for 25,000-MT bulkers to Egypt was slightly bullish, up...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
August 2026 total red meat and poultry stocks totaled 2.01 billion pounds, down 0.5 percent from July versus the typical 0.3 percent monthly decline, but 0.9 percent above August 2025 levels. Total red meat stocks rose 0.8 percent for the month despite typically declining 0.1 percent and were 8...
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.