Russian Grain Market Overview, 13-9 September 2019 Domestic Russian grain prices fluctuated insignificantly in ruble expression (except for corn prices that dropped significantly). However, due to a stronger ruble, all prices, except for corn, grew in dollar expression. Milling wheat export prices grew to $185/MT FOB Black Sea. The average purchase price decreased to RUB 11,100/MT. Feed barley average export price was stable at $176/MT FOB Black Sea while average purchase price remained stable at RUB 10,000/MT CPT-port Black Sea. Corn average export price remained unchanged at $163/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices slightly decreased in the Central region (-RUB 15/MT), grew in the Black Soi...
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...
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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.