At today’s prices, the Russian 12.5 pro wheat is about $15 cheaper than the German wheat and approximately $20 less than U.S. HRW on FOB basis. For December/January, though, a different origin is offered at less than $10 premium versus Russian wheat. Milling Wheat The Black Sea market is slightly weaker for nearby shipment, but the deferred positions remain unchanged. Russia’s wheat crop is estimated at a record 70 MMT and the export surplus at 30 MMT versus 61 MMT and 23.5 MMT, respectively, last year. This means that origin will be available and must stay competitive during the entire campaign. At today’s prices, the Russian 12.5 pro wheat is about $15 cheaper than the German wheat and approximately $20 less than U.S. HRW on FOB basis...
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...
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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.