Milling Wheat The wheat market in the Black Sea is extremely quiet. The major Mediterranean and Middle Eastern destinations seem to be well covered for February and probably even for March. Russian and Ukrainian wheat was much cheaper than EU and U.S. wheat in November and December. Most of the importers/consumers have secured a few months' worth of forward consumption in anticipation of higher market prices after the supplies from Russia and Ukraine are exhausted. Today, these long positions are threatened by the sharp collapse of the U.S. wheat price and the fall (to a lesser extent) of the French wheat price. As a result, importers generally are not keen to buy additional volume before they liquidate their "expensive" wheat stocks. Lo...
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.