Milling Wheat The Ukrainian government warned Egypt's GASC that Ukrainian wheat exports would be banned starting 1 December. This news did not come as a surprise, as Ukrainian exports will reach the 5.5 MMT limit for this campaign by the end of November.Algeria bought at least 400,000 MT of optional wheat this week at $364.50. The sales were most likely based on French wheat.The EU this week allocated 696,000 MT of wheat export licenses (a two-year record) bringing the total to 6.4 MMT versus 5.8 allocated at the same date last year. The increase in the EU export demand will accelerate even more in the coming weeks as the exports from Ukraine and Russia soon will stop entirely.GASC is expected to tender soon. U.S. SRW and French wheat ar...
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: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...