Even though the new crop (July/August) 12.5 percent protein Russian/Ukrainian wheat is offered at $195/MT FOB, a price that is historically attractive at below $200/MT FOB, buyers/consumers remain reluctant to cover their deferred needs for several reasons. Milling Wheat The Black Sea market remains under pressure without significant activity. The new crop (July/August) 12.5 percent protein Russian/Ukrainian wheat is offered at $195/MT FOB. Even if a price below $200/MT FOB seems historically attractive, buyers/consumers remain reluctant to cover their deferred needs with one reason being that the price in local currencies is almost unchanged compared with last year. There are no particular weather threats in the Northern Hemisphere so fa...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.