Russian Grain Markets: 25-29 October 2021 Average prices on the Russian grain market mainly grew. Exporters had to decrease their bid prices on the domestic market because export duties kept growing. At the same time, processors wanted to make sufficient stocks of raw materials for winter. Export milling wheat average offer price grew to $324/MT FOB Black Sea. Average purchase price decreased to RUB 15,750/MT CPT-port Black Sea. Feed barley average export price grew to $278/MT FOB Black Sea; average purchase price decreased to RUB 14,750/MT. Feed corn average grew to $278/MT FOB Black Sea while average purchase price grew to 14,600/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Southern region (-RUB 85/M...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
Key Takeaways: The Panama Canal’s draft restrictions and decreasing rainfall outlook are driving big moves in dry bulk markets this week. Panamax markets are sharply lower as the economics of moving freight across the Canal are deteriorating rapidly, leading to support in Supramax vessels...
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.