The extremely tight old crop situation and strong rally of the CBOT corn futures during the last five weeks have stopped the farmer selling in the Black Sea region altogether. Meanwhile, cheaper feed wheat prices are affecting the feed grain demand. Milling Wheat The Black Sea market is slightly weaker before the start of the harvest. There are more offers for 11.5 and 12.5 percent protein wheat in Ukraine and Russia, but buyers are difficult to find. The Russian crop is estimated at 65 MMT (versus 61 MMT last year). The excessive rains in southern Russia during the last month and a half may have affected the quality, although the extent of the damage will not be known until after the harvest begins. The Ukrainian crop is now foreca...
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.