Regional News Europe is facing a favorable weather forecast for crop development and field work over the next two weeks. Temperatures will be near normal or slightly higher across western and eastern Europe, as well as Ukraine and southern Russia. Precipitation this week will be below normal, which will allow currently wet soils to dry and permit a faster fieldwork/planting pace. Rains return to western and parts of central/eastern Europe next week, however, which may delay some planting progress. Fortunately, cold weather will be limited in the next two weeks, minimizing further frost risks for Black Sea countries. Russia’s new €50/MT wheat export duty becomes effective today (1 March) and as a reminder to clients,...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.