The Black Sea corn market was firmer last week, although not precisely following the CBOT futures rally. Ukrainian corn is offered at $177/MT FOB for November, and it's difficult to find aggressive offers for deferred positions. Milling Wheat The Black Sea market is firmer. Dry and cold weather in Russia is a significant concern regarding next year's wheat crop. Some local analysts are estimating that it will be as low as 48 MMT or 13-14 MMT lower than this year's crop, while the average estimate is around 50 MMT. These forecasts are obviously very premature as the winter has not even started yet. However, the market will closely follow the region's weather development, and any signs of increased risk of winterkill will have a significant...
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.