Russian Grain Market: 12-16 March 2012 GRAIN COMMODITIES AND FLOUR Last week, prices in Russia's domestic grain market moved in different directions across the various regions. Specifically, prices for almost all grain goods in the Southern regions continued to decrease, though at a slower pace than the week before; milling prices also decreased in some Central regions and in Volga Valley. This general downward trend was the result of low exporters' demand. Conversely, feed wheat prices increased in all regions because of high demand from livestock farmers and feed mills.Prices are likely to remain stable in the nearest future. This means that milling wheat prices will stop decreasing due to high world market prices for the crop; feed g...
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.