The weather in Bulgaria and Romania is generally favorable for winter wheat development, as well as for harvesting the remaining 10 percent of the corn crop. Milling Wheat The market in the Black Sea remained about unchanged with limited activity. During the first 4 months of the 2015/16 campaign, Russia has exported 11 MMT of wheat, which is about 45 percent of the exportable surplus. Ukraine has exported 7.5 MMT during the same period which is about 55 percent of the surplus. The drought in Ukraine remains a concern for the winter wheat condition but there are rains in the forecast for the coming days. The EU allocated 293 KMT of wheat export licenses, bringing the total to 7.1 MMT versus 10.3 MMT allocated at the same time last year. T...
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: 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...