Russian Grain Markets: 5-9 April 2021 Grain prices on the domestic market grew moderately or remained unchanged. The demand was low as sellers didn’t want to decrease offer prices. Meanwhile, export milling wheat average price decreased to $243/MT FOB Black Sea. The average purchase price decreased to RUB 14,200/MT CPT-port Black Sea. Feed barley average export price decreased to $228/MT FOB Black Sea, the average purchase price remained at RUB 15,300/MT. Feed corn average export price remained at $250/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Central, Southern, and Black Soil regions, but grew in the Volga Valley (+RUB 240/MT), Ural (+RUB 65/MT) and Siberia (+RUB 35/MT);...
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.