The heavy pressure on the Black Sea market last week was driven by the multinational trading houses after the collapse of the futures' markets in the U.S. and Europe, rather than increased farmers' selling. Milling Wheat The heavy pressure on the Black Sea market last week was driven by the multinational trading houses after the collapse of the futures' markets in the U.S. and Europe, rather than increased farmers' selling. This pressure was mainly on the new crop positions, which consequently widened the inverse between the old and the new crops that is currently around $20/MT. The Ukrainian and Russian crops are developing under favorable weather conditions. So far, the political crisis in Crimea and eastern Ukraine has not had any sign...
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.