Milling Wheat Offers for Ukrainian and Russian wheat are difficult to find, especially for January onwards. The Ukrainian government still has not declared an official export ban, and it may follow Russia's example, which is to let the market decide when to stop exports. Although the Ukrainian and Russian export programs are nearing their end, the final export volumes will surpass the initial expectations. Ukraine probably will export more than the estimated 5.5 MMT and Russia might export up to 11 MMT, about 1 MMT more than the estimated surplus.The EU allocated 438,000 MT of wheat export licenses this week, bringing the total to 7.3 MMT versus 6.5 MMT allocated at the same date last year.Algeria bought 375,000 MT of optional origin whe...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.