Russian Grain Markets: 15 – 19 May 2023 Russia’s grain markets remained bearish. Russia’s position during negotiations of the UN grain corridor extension was not particularly strong and all sentiments were in favor of an extension, even if only for sixty days. Export duties recalculation did not happen although the market was awaiting this move by the government. Most likely the new method of duty calculation will begin in June. But that may be too late for Russian grains to appreciate as most of the western grain traders left the market or are in the process of doing so and domestic traders are not in a hurry to pay more for grains against a global bearish trend and good prospects for the future crop. According to...
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.