Russian Grain Markets: 4-8 November 2019 Domestic Russian grain prices (excluding corn) continued to grow but the rate of growth slowed. Corn prices slightly decreased. Milling wheat export prices decreased to $206/MT FOB Black Sea. Purchase prices remained within RUB 12,400-12,500/MT. Feed barley average export price decreased to $185/MT FOB Black Sea while purchase prices were stable within RUB 10,600-10,700/MT CPT-port Black Sea. Corn average export price was stable at $168/MT FOB Black Sea, the average purchase price amounted to RUB 9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+RUB 80/MT), Black Soil (+RUB 55/MT), Southern (+RUB 150/MT), Volga Valley (+RUB 40/MT), and Siberia...
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.
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...