World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Markets Fall on Ukraine Grain Exports; U.S. Crop Conditions Exceed Expectations

The day’s big news – as WPI readers will likely already know – was that a vessel carrying Ukrainian corn left the Black Sea this morning destined for Lebanon. This is the first maritime export of grain since Russia invaded Ukraine in late February and suggests near-term world grain supplies could be growing. Notably, however, the agreement signed two weeks ago by Russia, Ukraine, Turkey, and the UN is only valid for 120 days, which means there is some risk supplies from the Black Sea could tighten again in late November at the height of the Ukrainian new crop corn export potential. One also wonders if Russia might intentionally let the agreement expire to benefit its own grain export program. That is certainly a cynical vi...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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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.

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