Russian Grain Markets: 17 – 21 February 2025 The market remained bullish with some regional deviations. Corn and barley prices are frozen. The export market remains the key driver, and the world is watching several factors including remaining stocks of wheat as well as the status of the winter wheat crop. With the recent geopolitical moves concerning the war in Ukraine and negotiations between Russia and the U.S., the world has noticed several dramatic changes in the attitude to this war which is also affecting many economic sectors of life in Russia. The Russian RUB continued recovering after a prolonged devaluation of the U.S. dollar and the Chinese yuan. Natural oil prices also recovered to a certain extent helping the Russian econ...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...