The adverse weather in Bulgaria, Romania and Serbia is delaying the corn harvest with about 30 percent left to be completed. Additionally, the domestic logistics are extremely complicated as almost all corn in the region needs to be dried. Milling Wheat The Black Sea market remains well supported even without many trades reported last week. The wheat market is closely following the tension in eastern Ukraine and persistent drought in southern Russia. Some analysts are forecasting Russia's wheat crop next year at below 50 MMT or approximately 20 percent less than 2014. It's definitely too early to make dramatic scenarios for the next Russian crop, but the difficult start with crop development will make the market more nervous about the win...
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: 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...