The questions now to be answered are how much wheat will Russia export by the end of January and how much of the world's 2014/15 wheat demand, which it potentially might have filled thereafter, must be shifted to other origins.Russia's announcement during the Christmas holiday that it would begin imposing a tax on wheat exports starting 1 February came as no surprise. For three weeks or more, world wheat traders had been expecting the Russian government to intervene in some way to limit those exports. The plunging value of the ruble versus the U.S. dollar and strong demand from exporters were pushing internal wheat values priced in rubles sharply higher. Even though FOB export values for Russian wheat priced in U.S. dollars remained fairly...
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...