Milling Wheat The Black Sea market remained unchanged from last week, with demand increasing at the current price level. Farmers are currently reluctant to press the market further down, as it has been stable during the last few weeks after a sharp collapse in May and June. Consumers/importers are consequently buying more aggressively, taking more coverage for the months ahead and locking the profit on existing sales. The Ukrainian, Romanian, Bulgarian and Hungarian wheat quality seems to be disappointing, and the feed wheat share will be higher than last year.The Egyptian GASC purchased 120,000 MT of Romanian wheat, 60,000 MT of Ukrainian wheat and 120,000 MT of Russian wheat at $247-$248.95/MT. It is quite likely that GASC will buy a...
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...
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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.