Russian Grain Markets: 12-16 July 2021 Prices continue to decrease in the domestic Russian grain market, but in some regions, they were slightly up. Average 3rd grade soft milling wheat and milling rye prices remained stable despite abundant new harvest. Meanwhile, the export milling wheat average price increased by $7 to $242/MT FOB Black Sea. The average purchase price increased by RUB 150/MT to RUB 13,450/MT CPT-port Black Sea. Feed barley average export price decreased by $5 to $213/MT FOB Black Sea, average purchase price decreased slightly by RUB 50/MT to RUB 11,850/MT. Feed corn average export price increased by $2 to $262/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Southern (+RUB 300/MT) and U...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.