Regional News 819,000 MT of grain were exported from Ukrainian seaports during 13-19 July 2019, up sharply from 499,000 MT the previous week and mostly destined to Jordan, Italy, and Israel. Milling Wheat Wheat prices are mostly lower across Europe and the Black Sea as harvesting progresses and fills the pipelines. French and German prices have dropped as the market braces for sales of a crop that is likely to be larger than previously expected. As the Russian wheat harvest pushes into Volga Valley and southern Russia, the latest official data suggests a 3 percent decline in yields. Still, Russian prices are lower as farmers are selling both old and new crop supplies. The French wheat harvest was 33 percent complete as of 15 Jul...
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...
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.