Russian Grain Markets: 27 February – 3 March 2023 Russian grain markets maintained previous price levels and in certain segments were even slightly bullish particularly in top grade milling wheat. Low quality milling wheat and feed wheat are abundant and have been bearish for awhile going even lower than feed barley. Feed corn is the only commodity which added a buck per ton. The key fundamentals remain the same: bearish world prices, growing export duties, and a weakening domestic currency. Domestic prices are fully dependent on the above trends. The Russian government continues raising export duties despite a bearish world market. Wheat export duty is now at now almost $72/MT. Independent analysts tried to calcu...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.