The Ukrainian sea ports shipped 25.946 MMT of grain cargos during January-October 2013, 43.7 percent more than during the same period in 2013. 666,500 MT of grains were shipped between 3-9 November, mainly to Egypt, China and Iran. Russian Grain Markets Market Trends: 3-7 November 2014 Because of the ongoing depreciation of the Russian currency, prices on the Russian domestic market continued to increase in RUR expression but decreased in USD expression. GEOGRAPHICALLY: 3rd grade soft milling wheat prices continued rising in Central and Black Soil (+$4.30-5/MT), the South (+$4/MT) and Volga Valley (+$7.40/MT) as well as Ural and Siberia (+$8.50-9/MT).4th grade soft milling wheat prices also increased in Black Soil, the South and Siberi...
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.