Russian Grain Markets: 12-16 August 2019 Domestic prices in the European part of Russia mainly increased, partially because of the limited offer that resulted from many producers trying to determine what offer price to quote amid active demand from exporters and domestic animal feed producers. Meanwhile, those prices dropped in regions of the Asian part of Russia that were switching to 2019 production. The average export price for wheat (12.5 percent protein) fell to $194/MT FOB Black Sea, but the purchase prices grew to RUB 11,500-11,600/MT CPT-port Black Sea. For feed barley, the average export price rose to $180/MT FOB Black Sea, and the average purchase price increased to RUB 10,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade so...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.