Regional News On Monday morning, Russia announced that its 15 February – 30 June 2025 wheat export quota will be 10.6 MMT, slightly below the 11.0 MMT announced at the EEU meeting last month. Milling Wheat Global wheat markets continue to see pressure from slowing U.S. exports and weakness in American futures markets from fund selling and the strong U.S. dollar. EU wheat futures saw pressure as the initial shock of last week’s closure of the Moselle River wore off, as well as the impact from higher forecasts of the 2025/26 EU wheat crop. France’s Agreste agency forecast the country’s soft wheat area to rise 8.7 percent this year while the German wheat crop is expected to see area expand 12.3 percent.EU wheat markets saw a boo...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.