Milling Wheat The market in the Black Sea is under pressure in sympathy with the U.S. wheat market. Last week, the Egyptian GASC purchased 115,000 MT of U.S. SRW at $259.75; the cheapest offers for Black Sea wheat were about $20 higher on a FOB basis and $10 higher on a CNF basis.Russian wheat exports have already reached a record 18.5 MMT by mid-April and will certainly exceed 21 MMT before the end of the campaign. The Russian government sold 427,000 MT of grains (of which about 350,000 MT were wheat) via intervention tenders that started last week. The government's objective is to sell 2 MMT of grains from the reserve stocks in order to keep the domestic prices down without having to implement any export restrictions.It is still too ea...
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.
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...