Milling Wheat The Black Sea market was slightly firmer last week on slower farmer selling. Domestic prices in Russia were about $1-2MT higher, and the export pace from there is slowing due to the shrinking surplus and winter conditions. Those exports totaled approximately 500 KMT for the first week of December versus a weekly average of about 1 MMT during the past four months. Conditions reports on the Russian winter wheat indicate the percentage of the crop considered to be in good-to-excellent conditions is smaller than the same time last year as well as the five-year average due to the dryer-than-normal weather during the fall. The Egyptian GASC bought 290 KMT of Russian wheat and 60 KMT of Ukrainian origin in a tender last week, payin...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.