Russian Grain Markets: 27-31 May 2019 Prices on the domestic market again either mostly declined moderately or remained stable in RUB expression, but the decreases were higher in USD expression. Export prices for 2019 wheat (12.5 percent protein content) grew significantly to $195-198/MT FOB Black Sea, but that average price for 2018 wheat remained at $208/MT FOB with little trade. The 2019 feed barley export prices averaged $170/MT FOB Black Sea, and the average 2018 export price dropped to $178/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices were stable in Central, Ural and Black Soil but fell in Volga Valley (-RUB 15/MT), the South (-RUB 50/MT) and Siberia (-RUB 65/MT). 4th grade soft milling wheat prices dropped in Black...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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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.