Regional News Reports from Russia suggest that nearly one-quarter of the winter wheat crop is in poor condition, the highest such rating since 2013. Chinese buying continues to tighten EU grain supplies and push prices higher. Chinese buyers have been especially aggressive on French wheat and barley purchases. Turkey purchased 340,000 MT of 12.5 percent protein milling wheat at an average price of $266.70/MT from Russia for January shipment. Turkey’s 2020/21 wheat purchases currently total 2.2 MMT, up 135 percent from this time last marketing year. Delivery of wheat to Egyptian ports totaled 1.22 MMT in November, down 12 percent from October as high prices have started to ration consumption. Milling Wheat&...
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
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.