The main reason for the high premium in Ukraine is that its corn has been accepted by all the major destinations as a reliable origin, and buyers are ready to pay almost the same price as they would for U.S. corn. Milling Wheat The Black Sea market is a little firmer as the recent sales to Egypt (Romanian and Russian origin) have lightened the trade's long positions for November and December shipment. The Russian wheat is offered at the same price as the French on a FOB basis, but it has a freight advantage to the East Med of about $7 basis for panamax execution. The Russian and Ukrainian weather is unusually mild for the season, which is favorable for the growth of the late-planted winter wheat.Last week, the Egyptian GASC purchased 120,...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.