The prospects for limited exports out of France are increasing demand for Black Sea wheat as well as other origins. There was one unusual trade involving two or more cargoes of Romanian wheat and also rumors regarding the sale of several cargoes of U.S. HRW. Milling Wheat The Black Sea market remained about unchanged during the last two weeks despite alarming news regarding the French crop. The market would have been under heavy pressure if that crop had been normal this year, and prices could have dropped $10-20 below the current level. The prospects for limited exports out of France are increasing demand for Black Sea wheat. France exported 12.5 MMT (to non-EU destinations) during 2015/16, and it may have less than 5 MMT available for e...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...