Russian Grain Markets: 30 March – 3 April 2020 Grain prices on the domestic Russian market increased but at a slower rate, except for Siberia where prices grew sharply (probably for the last time before the beginning of State interventions, when 1 MMT of grain will be offered for sale). Meanwhile on the export market, milling wheat average price grew to $225/MT FOB Black Sea. Purchase prices grew to RUB 15,600-15,800/MT. Feed barley average export price was stable at $178/MT FOB Black Sea, purchase price was also stable at RUB 11,600/MT CPT-port Black Sea. Feed corn average export price was stable at $180/MT FOB Black Sea, the average purchase price grew to RUB 11,200/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft mill...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
Regional News European grocery stores have been targeted by cybersecurity attacks this week, with major retailers in France and the Netherlands affected. In France, major grocers, including Carrefour, Intermarché, and Coopérative U, all suffered attacks in which freezer and...
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.