World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 19-23 February 2018 Domestic grain prices continued to rise due to growing export prices in all regions except Siberia where they remained unchanged. Milling wheat export prices increased to $204/MT FOB Black Sea (+$2), but purchase prices at seaports were stable at $186-190/MT CPT-Black Sea port. Feed barley export prices grew to $212/MT FOB (+$9), while purchase prices at the seaports remained at $190/MT CPT-Black Sea port. Corn export prices climbed to $185/MT FOB Black Sea (+$3).   GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in Volga Valley and Ural (+$0.30-0.60/MT), Central and Black Soil (+$0.90–1.20/MT), and, especially, the South (+$5.80/MT). However, they decreased in Siberia (+$0.6...

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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.

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