Bulgaria has been officially added to the list of potential suppliers in the GASC tenders, which is good news for the country’s milling wheat farmers. However, there is one challenge to any such sales. Milling Wheat The Black sea market remained quiet last week. The offers for Ukrainian and Russian 12.5 pro wheat in the FOB market are limited as the hryvna and ruble remained firm against the USD. Weather in Eastern Europe is generally favorable for winter wheat development.The EU allocated 969,000 MT of wheat export licenses last week, bringing the total to 22.2 MMT versus 25.5 at the same time last year.Bulgaria has been officially added to the list of potential suppliers in the GASC tenders, which is good news for the country’s milling...
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: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...