The EU has allocated a higher number of wheat export licenses compared to a year ago at this time.This is not surprising, though, when considering certain price factors. Milling Wheat The EU allocated 1.67 MMT of wheat export licenses last week, bringing the total to 18.4 MMT versus 18.2 MMT at the same time a year ago. This high volume of export sales was not surprising as French, German and Polish wheat were much more competitive than Russian and Ukrainian origins during the past few weeks.Egypt's GASC bought 120,000 MT of French wheat and 180,000 MT of Romanian wheat at an average price of $236.25/MT CNF. There were no offers for U.S. SRW wheat, which theoretically would have been priced about $10/MT higher that day than the Romanian w...
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.
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...