While Ukraine's milling wheat prices stopped rising because of the global market direction and milling rye prices remained stable, the general trend can be viewed as negative because of one particular development. Russian Grain Markets Market Trends: 29 August 29-2 September 2016 There were no significant changes in the domestic grain market as the previous week’s trends continued GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in Central and Ural, but they decreased in Black Soil (-$0.30/MT) and Siberia (-$0.50/MT as well as the South and Volga Valley (-$1.10-2.80/MT).4th grade milling wheat prices dropped in Central, Black Soil, Volga Valley and Ural (-$0.20-0.50/MT), the South (-$1.70/MT) and Siberia (-$3.70/MT).5...
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.