Russian grain market 9-17 January 2012 Grain commodities and flour According to the decision of the Ministry of Agriculture on 12 January 2012, the Ministry will cease intervention in purchases of grain on the domestic market because the price situation has stabilized. Earlier the Ministry conducted intervention in purchases in order to stabilize prices in several Russian regions (namely Siberia and Ural). The purchases started on 29 November and were conducted every week until 27 December. Last week was marked by a positive price trend on major grain products.The sharpest increase of prices was observed in export wheat (of all categories), especially in the Southern regions of Russia. This was a result of the grain owners' reaction to...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.