The volume of Ukraine's rapeseed oil and meal exports has notably changed for the months July 2014-February 2015 against the same period a year ago as have Russia's total grain exports thus far in MY 2014/15. Russian Grain Markets Planting Update As of 6 April 2015, spring grain crops were planted on 1.7 million hectares (3.2 percent of the target). Market Trends: 30 March–3 April 2015 During the week in review, the downward movement in prices stopped in the European part of the Russian grain market but continued in the Asian part, although at a slower rate than previously. GEOGRAPHICALLY: 3rd grade soft milling wheat prices remained stable in the South. They decreased in Black Soil, Central and Volga Valley (-$0.30-.40/MT), Ural (-$...
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.