The Russian Grain Union president has noted a specific currency change as a contributing factor to the country strengthening its position as one of the grain export leaders, noting deals now occurring with two new markets. Russian Grain Market Market Trends: 12-16 September 2016 The Russian grain market continued to follow trends of the previous week, although there were a few new influencing factors. Among those were traders waiting for cancellation of the wheat export duty and their disagreement with Egyptian buyers regarding black grain infection that affected most of the Russian grain. The buyers are demanding that there be no presence of it whatsoever in the purchased stocks. GEOGRAPHICALLY 3rd grade soft milling wheat price...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.