Russian Grain Markets: 3-7 June 2019 Prices on the domestic market continued to either decrease moderately or remain stable in RUB expression. Export prices for 2019 wheat (12.5 percent protein content) rose slightly in their bottom segment to $196-198/MT FOB Black Sea, while that average price for 2018 wheat was again steady at $208/MT FOB with little trade. The average export price for 2019 feed barley remained at $170/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices were steady in Siberia and Ural but fell in Volga Valley and Central (-RUB 40-50/MT) as well as the South (-RUB 85/MT) and Black Soil (-RUB 100/MT). 4th grade soft milling wheat prices decreased in the South (-RUB 350/MT), Central and Volga Valley (-R...
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...
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...
From WPI Consulting
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.