Milling Wheat Russian and Ukrainian wheat prices are increasing sharply. It's difficult to find offers for October, and there are no offers at all for December. If that trend continues in Russia's domestic market in the coming weeks, then the Russian government may not need to intervene with exports.Egypt's GASC this week purchased 300,000 MT of wheat, including 180,000 MT of French wheat at $346.93 and $347.36 and 120,000 MT of Romanian wheat at $349.93 for shipment 1-10 December. There was only one offer for Russian wheat at $372. The cheapest offer for U.S. SRW was at $356. The market is doing its job. Russian wheat is out of the game for November onwards, and the spread between French wheat and U.S. wheat is narrowing. In the coming...
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.