Milling Wheat The Black Sea market again remained about unchanged last week. Demand for Black Sea wheat is slightly weaker than in the peak months of August and September. The pace of exports is also expected to slow during the winter months. Russia was exporting at a record pace of nearly 4 MMT in each of the past three months, but that is expected to drop to an average 3 MMT in the coming months. Meanwhile, the market anticipates the total for this year will be a minimum 33 MMT. This number seems feasible if winter weather conditions are not too extreme and do not obstruct the interior and port logistics. The EU exported 400,000 MT last week, bringing the total to 7 MMT versus 9.3 MMT at the same time last year. French wheat remains unc...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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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.