Russian Grain Markets: 18-22 October 2021 Average prices on the Russian grain market moved in different directions. Key factors pushing prices down again were the increase of export duties and the strengthening of the Russian ruble. Export milling wheat average price grew to $318/MT FOB Black Sea. Average purchase price decreased to RUB 16,000/MT CPT-port Black Sea. Feed barley average export price grew to $272/MT FOB Black Sea; average purchase price decreased to RUB 14,900/MT. Feed corn average export remained at $272/MT FOB Black Sea while average purchase price was also stable at 14,400/MT CPT-port. Geographically 3rd grade soft milling wheat prices remained unchanged in the Southern region, grew in the Central region (+RUB 65/MT), i...
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.