The EU allocated 780,000 MT of wheat export licenses last week, bringing the total to 12.5 MMT versus 8.5 MMT allocated at the same time last year. Milling Wheat The Black Sea market is firmer despite slow demand. Ukrainian and Russian farmers still have a large volume of wheat to sell before June, but they are not in a hurry. We may see some market pressure in March/April if the farmers' selling pace remains slow in the coming months and the winter doesn't cause any significant damage to the winter wheat.The Egyptian GASC purchased 120,000 MT of French wheat at $319.46/MT and 180,000 MT of Romanian wheat at $310.90-312.38/MT. There were no offers for Russian, Ukrainian or U.S. wheat in the tender.The EU allocated 780,000 MT of wheat expo...
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.
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...