Milling Wheat The Black Sea market is slightly firmer. The Russian 12.5 pro is offered at $200/MT FOB, which is about $2/MT higher than last Monday despite the weaker ruble. The EU exported 157,000 MT last week, bringing the cumulated total to 12.6 MMT versus 15.3 MMT at the same time last year. Last week the Egyptian GASC bought 240,000 MT of Russian wheat and 120,000 MT of Romanian at an average price of $222.17/MT CNF or about $2 /MT more than in the previous tender. The Romanian wheat is competitive again due to the rising price of Russian wheat and the firmer USD. Indonesia bought 50,000 KMT of Russian 11.5 pro wheat for March shipment at $225/MT CNF, which is equivalent to $195/MT FOB. The market in Romania and Bulgaria is slight...
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...
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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.