Russian Grain Markets: 24-28 September 2018 Prices moved in different directions during the week in review, but the average prices increased, especially in USD expression due to strengthening of the ruble. While milling wheat export prices grew $8/MT to $230/MT FOB Black Sea, purchase prices at seaports remained stable in RUB expression but rose in USD expression to $193.5/MT CPT-Black Sea port. The average feed barley export price remained at $236/MT FOB, and the average CPT-Black Sea port price was stable in RUB expression but increased in USD expression to $201/MT. The average corn export price grew to $188/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central and Black Soil (+$0.10-0.50/MT), the South (+$4...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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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.