Indian Grain Exports Wheat prices have rallied at market yards, exceeding $286/MT on the exchange and reaching $282/MT for the spot price in Delhi. The government (GOI) is paying only $241/MT at the market yard. Last week the government's public sector undertakings issued two tenders; only one received bids, with the highest being $305.10/MT from a Dubai company. MMTC cancelled the tender for 100,000 MT of wheat because it did not receive any bids.The futures price for June gained 14.19 percent since 1 April 2013, when GOI started buying for the crop. Spot prices in May were down, but that trend reversed amid reports that a wheat crop of 92 MMT may not be produced. As a result, the spot price grew to reach the previous 1 April level. Far...
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...
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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.