Milling Wheat The market in the Black Sea has made an impressing rally during the last two weeks due to the slowing of farmers' selling, and the general market trend related to adverse weather in Argentina and southern Brazil. Russia has already exported about 15 MMT, which is more than 70 percent of the surplus. Ukrainian farmers have stopped selling wheat due to concerns about the drought and the potentially sharp production drop next summer. The market is estimating that about 30 percent of the plantings are totally lost. The winter weather is not causing any particular threats to the crop in Eastern Europe as there is an abundant snow cover in Russia and Ukraine protecting the wheat from freezing.Russian wheat remains the cheapest or...
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.