Milling Wheat The Black Sea harvest pressure seems to be over. Farmers' selling has decreased significantly as the majority of the winter wheat has already been harvested. The Black Sea remains the most competitive origin for Mediterranean and Middle Eastern destinations. Demand from the major importing countries is currently rather slow, which keeps the market stable, although it usually accelerates in September and October. The Russian government is expected to start purchasing wheat in October for rebuilding the reserve stocks, and they may buy up to 7 MMT of grains this year. The farmers in general are not very satisfied with the wheat prices and will try to defer the selling of their wheat stocks as much as possible. All of the ab...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.