Russian Grain Markets: 24-28 January 2022 The Russian domestic market grew due to weakening of the ruble. As export duties decreased, it made it possible for exporters to increase CPT-port purchase prices and decrease FOB offer prices. So, export milling wheat average offer price decreased to $329/MT FOB Black Sea. Average purchase price grew to RUB 16,800/MT CPT-port Black Sea. Feed barley average export price decreased to $293/MT FOB Black Sea; average purchase price grew to RUB 15,200/MT. Feed corn average price grew to $282/MT FOB Black Sea while average purchase prices grew to RUB 14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central and Black Soil regions (+RUB 100/MT), the Southern (+RUB 200/MT...
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.