322,200 MT of grains were exported from Ukrainian seaports during 30 November-6 December. This included 109,300 MT of wheat and 212,900 MT of corn. The largest importers were Israel (86,500 MT) and Thailand (55,000 MT). Russian Grain Markets Market Trends: 30 November-4 December 2015 During the week in review, prices on the Russian grain market continued to fluctuate insignificantly in RUB expression but decreased in USD expression due to weakening of the Russian currency. Despite the Russian government’s claims that it is not going to ban grain exports to Turkey, market players are concerned about the possibility. GEOGRAPHICALLY 3rd grade soft milling wheat prices slightly decreased in the South and Ural (-$0.80/MT), but they remained...
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.