Regional News Turkey decided to reduce its import tax on sunflower seeds from 27 to 12 percent and on sunflower oil from 36 to 22 percent. Milling Wheat European wheat markets were mostly steady through Thursday last week, but Paris futures broke sharply lower on Friday. European markets continue to see stiff competition from the Black Sea, which the recent decline in the euro versus the U.S. dollar has only partly offset. Prices for physical wheat were mostly steady in Germany and lower in France as European shippers seek to compete with the dominant Black Sea supplies. Despite the competition from the Black Sea, French grain export loadings remain high, and Algeria and Egypt bought a large volume of EU wheat la...
What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...
In a recent social media post, R-CALF unveiled its latest cattle market plan: “contracts that bind producers before establishing a base price, then tie that price to future negotiated cash transactions, should be prohibited.” That proposal aligns with recent legislation by Represent...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.