Russian Grain Markets: 28 January-1 February 2019 Domestic grain prices continued to increase with the exception of a few that remained steady. The slower growth rate for wheat prices was partially attributable to fewer exports. The average milling wheat export price rose to $247/MT FOB Black Sea, and purchase prices at seaports grew to $225-227/MT CPT-Black Sea port. Meanwhile, the average feed barley export and CPT-Black Sea port prices dropped to $232/MT FOB and $205/MT, respectively. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central (+$1.30/MT), Black Soil (+$0.90/MT), the South (+$0.50/MT), and Volga Valley, Ural and Siberia (+$0.20/MT). 4th grade soft milling wheat prices grew in Central (+$1.30/MT), B...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.