Russian Grain Markets: 20-24 May 2019 Prices on the domestic market followed the trend of the previous week, either decreasing moderately or remaining stable in RUB expression. They also fell in USD expression during this period, though, despite no change in the ruble. Export prices for 2019 wheat (12.5 percent protein content) rose to $186-190/MT FOB Black Sea. Meanwhile, the average export price for 2018 wheat grew to $208/MT FOB, but there was little trade. The 2019 forward feed barley prices were quoted at $165-175/MT FOB Black Sea, and the average 2018 export price remained at $180/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Central, the South and Black Soil (-RUB 10-30/MT) as well as Volga Valley (-RUB 200/M...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
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...
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.