Russian Grain Market: 24-31 January 2012 GRAIN COMMODITIES AND FLOUR Russia's domestic grain market last week showed a clear trend of increasing prices for all grain products. The sharpest increase took place in corn prices (+9 percent). The crop is now almost equal in price to feed wheat and is even more expensive than barley in all regions except in the South.Both milling wheat and feed wheat prices increased mainly due to rumors about the probable implementation of export duties when the volume of exported wheat from the 2011 harvest reaches 24 MMT. Traders assumed that the price would rise until export is restricted/banned (according to estimates, exporters will reach the limit on 1 April 2012). For that same reason, traders don't s...
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
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.