The EU allocated 273,000 MT of wheat export licenses last week, bringing the total to 28 MMT. Carryout stocks wil be significantly different this year, which is probably the reason behind the recent change in MATIF May futures. Milling Wheat The weather in Russia and Ukraine is generally favorable for winter wheat development. The Russian crop is now estimated to be over 58 MMT by most analysts (about unchanged from last year), which reflects an exportable surplus above 25 MMT. The export tax has still not been officially removed. There are rumors that the government might instead replace the current minimum export tax of 35 euros with a significantly lower one.The EU allocated 273,000 MT of wheat export licenses last week, bringing the t...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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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.