While some grain market experts are expecting a 35 percent boost in Ukrainian wheat exports in MY 2015/16 compared with the past two years, there are also reports of foreign investments in grain terminal construction or expansion at several of the country's seaports. Russian Grain Markets: 25-29 January 2016 During the week in review, grain prices at the Russian market continued to grow in RUB expression despite strengthening of the currency and also increased in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$0.80/MT), but they grew in Central and Siberia (+$0.20/MT), Black Soil and Ural (+$0.60-0.80/MT), and Volga Valley (+$1.20/MT).4th grade milling wheat prices also dropped in the S...
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.