Regional News China has ended its policy of distinguishing wheat and barley imported from Russia by region, which means all Russian wheat and barley can be exported to China. Previously, only seven Russian regions were approved to export grains to China. The news is another development in continued efforts to improve bilateral trade terms between the two countries. French President Emmanuel Macron is heading to Moscow for geopolitical discussions with Russia. The meetings aren’t expected to produce a major shift in Russia’s aggression towards Ukraine, but could produce further cooling of tensions, which would lean bearish wheat and grain markets. Ukraine has exported 39.2 MMT of grain in 2021/22, up 32 perce...
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...
From WPI Consulting
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.