Milling Wheat The market in the Black Sea had a quiet start after the holidays. The Russian and the Ukrainian old crop wheat positions are practically unspoken for. The weather in Russia and Ukraine has not posed any threats to the winter wheat crop's development, because despite the limited amount of snow, the winter has been relatively mild so far. We started to hear discussions about new crop Russian wheat (September 2013) at around $275 FOB (about a $20 discount to French wheat and more than a $55 discount to U.S. SRW). Despite the attractive value for Russian wheat, not many traders would risk buying it today because there is a long way to go until the new crop becomes a reality and the risks involved in such a trade are still very...
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.