Russian Grain Markets: 3-7 June 2019 Prices on the domestic market continued to either decrease moderately or remain stable in RUB expression. Export prices for 2019 wheat (12.5 percent protein content) rose slightly in their bottom segment to $196-198/MT FOB Black Sea, while that average price for 2018 wheat was again steady at $208/MT FOB with little trade. The average export price for 2019 feed barley remained at $170/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices were steady in Siberia and Ural but fell in Volga Valley and Central (-RUB 40-50/MT) as well as the South (-RUB 85/MT) and Black Soil (-RUB 100/MT). 4th grade soft milling wheat prices decreased in the South (-RUB 350/MT), Central and Volga Valley (-R...
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.