Russian Grain Market: 6-10 February 2012 GRAIN COMMODITIES AND FLOUR Russia's domestic grain market continued to show an upward trend last week, but the price increase was less significant than it was the week before. The Russian government decided not to restrict grain exports (for now). In spite of this, export prices continued to grow, resulting in price increases in southern regions. Growing prices for milling products also contributed to price increases. Further away from ports, prices did not increase as much or did not increase at all. Trade activity was high, although adverse weather conditions interfered with transportation.Russian wheat is losing its competitive advantage to other market players. At its most recent tender, GAS...
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.