Russian Grain Markets: 27-31 May 2019 Prices on the domestic market again either mostly declined moderately or remained stable in RUB expression, but the decreases were higher in USD expression. Export prices for 2019 wheat (12.5 percent protein content) grew significantly to $195-198/MT FOB Black Sea, but that average price for 2018 wheat remained at $208/MT FOB with little trade. The 2019 feed barley export prices averaged $170/MT FOB Black Sea, and the average 2018 export price dropped to $178/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices were stable in Central, Ural and Black Soil but fell in Volga Valley (-RUB 15/MT), the South (-RUB 50/MT) and Siberia (-RUB 65/MT). 4th grade soft milling wheat prices dropped in Black...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.