Russian Grain Markets: 21-25 June 2021 Harvesting was the main factor impacting the prices on the Russian grain market. Export milling wheat average price decreased to $247/MT FOB Black Sea. The average purchase price decreased to RUB 13,900/MT CPT-port Black Sea. Feed barley average export price decreased to $238/MT FOB Black Sea; the average purchase price decreased to RUB 13,000/MT. Feed corn average export price decreased to $276/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew only in the Ural region (+RUB 125/MT) and decreased in other regions: in the Central and Southern (-RUB 350/MT), the Black Soil and Volga Valley (-RUB 175-180/MT), and in Siberia (-RUB 85/MT); 4th grade soft milling wheat prices also...
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.