The milling wheat market in Romania and Bulgaria is notably quiet as farmers prefer to keep the rest of their production in hope of higher prices later. However, the usual uptrend after October/November is certainly not guaranteed because of one development. Milling Wheat The Black Sea market is steady. Interior prices in Russia continue to erode under the pressure of its record-large crop, but the FOB market is not following. This may be a sign that the ports’ logistical capacity has already been committed for September/October with not much room left for additional cargoes in that period. The Russian crop is estimated at 82-84 MMT (versus 73 MMT last year), which leaves more than 40 MMT export surplus on paper. However, the bottleneck i...
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.