Although the Russian government has officially announced that the export tax is effectively lifted, the new crop (July/August) prices for Russian wheat are up $5-10/MT from their lows of two weeks ago. Milling Wheat The Black Sea market is firmer despite the Russian government's official announcement that the export tax is effectively lifted. The new crop (July/August) prices for Russian wheat are up $5-10/MT from their lows of two weeks ago. It seems that the operators who had sold aggressively in anticipation of the tax removal are now trying to cover their short positions. The weather in Russia and Ukraine remains generally favorable for winter wheat development, although the next two weeks are forecast to be warm and dry.The EU alloca...
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...
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.