Milling Wheat The Black Sea market remained under pressure last week, as the Russian and Ukrainian harvests are progressing under favorable weather conditions and the Mediterranean countries' import demand is slow. The Urals and Volga Valley may have suffered from the recent drought, but the prospects for producing a crop above 50 MMT versus 37 MMT last year are still considered realistic.The EU allocated 435,000 MT of wheat export licenses last week, which brings the total to 1.03 MMT since the start of the new campaign.The Egyptian GASC bought 120,000 MT of Romanian, 60,000 MT of Russian and 60,000 MT of Ukrainian wheat last week at $251.92-$252.25/MT.The Bulgarian and Romanian harvests are completed. Bulgaria's crop is estimated at...
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.