Russian Grain Markets: 4-8 February 2019 Domestic grain prices all increased except for a few that remained stable. However, the average milling wheat export price fell $1/MT to $246/MT FOB Black Sea, and purchase prices were unchanged in RUB expression while decreasing in USD expression to $224-226/MT CPT-Black Sea port. Meanwhile, the average feed barley export and CPT-Black Sea port prices declined to $230/MT FOB and $197/MT, respectively. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+$4.30/MT), Black Soil (+$2.10/MT), the South (+$0.20/MT), Volga Valley and Siberia (+$1.00-1.50/MT), and Ural (+$2.60/MT). 4th grade soft milling wheat prices rose in Central (+$6.00/MT), Black Soil (+$2.80/MT), Ural (+$2.00/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...
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.