Milling Wheat The Black Sea milling wheat market is under heavy pressure in sympathy with the U.S. and EU futures' markets, but without much activity. Farmers' selling of the new crop hasn't really started yet. For the time being, the main sellers are the multinationals. Consumers in major destinations have been very quiet during the last two months because of falling prices and volatility in the global environment. On the one hand, farmers have a lot to sell in the coming months. On the other hand, consumers have much smaller coverage for July/August/September than they usually have at this date. So, the question is: Who moves first?The EU allocated 117,000 MT of wheat export licenses this week, bringing the total to 12.3 MMT versus 18...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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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.