Wheat Wheat prices in the local market continue to rise. The fear of drought and a tight supply/demand balance are causing daily increases. Since the beginning of September, prices have risen about $70/MT in the futures market. Rains that fell last week, although always helpful, were insufficient and in some cases too late. The market expects a maximum of 16.5 MMT to be produced this year if everything goes well from now forward, but forecasts are not optimistic, and that number may fall. There are talks that some 500,000 ha are at high risk of total loss in the Nucleus region. Exporters have export declarations for about 8.8 MMT and purchases in the local market of 5.5 MMT. Since then, farmers have stopped selling and prices started to r...
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.