Russian Grain Markets: 2-6 July 2018 Following the usual seasonal trends, domestic grain prices decreased. However, they fell at a less dramatic rate than usual for this time of year. Meanwhile, milling wheat export prices stopped falling and started to grow, reaching $200/MT FOB Black Sea as purchase prices rose to $163-168/MT CPT-Black Sea port. The average feed barley export price increased to $194/MT FOB, and the average purchase price also grew to $161/MT CPT-Black Sea port. Meanwhile, the average corn export price declined to $182/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to fall in Central and in Volga Valley (-$2.00-2.30), Black Soil (-$3.30/MT), the South (-$4.70/MT) and Siberia (-$0.20/MT),...
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...
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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.