Regional News Russian Deputy Prime Minister Alexei Gordeyev remarked on Saturday that the world’s leading grain exporters should consider forming an OPEC-like cartel. The idea is not new, as Gordeyev previously lobbied for such an organization during his 10-year tenure as agriculture minister that ended in 2009. His early ideas were the Black Sea producers (Russia, Ukraine, and Kazakhstan) would compose the cartel, but the latest idea seems to include the EU, the United States, Canada, Argentina, and others. A large grain and oilseed farm in Romania, Agricost, owned by the UAE’s Al Dahra group, has received a EUR 28.8 million loan from Romania’s EximBank. The state-controlled bank lent the money to Agricost i...
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
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.