Ukraine's export capacity is not expected to be negatively impacted by the potential loss of ports in Crimea as they represent only a small percentage of the total volume of grains shipped from Ukrainian sea ports. Russian Grain Markets: 10-14 March 2014 Market Trends Prices continued to increase, especially corn and wheat, due to the RUB depreciation and the Crimean political crisis. GEOGRAPHICALLY: 3rd grade soft milling wheat prices increased in Central and Volga Valley (+$2.30-3.10/MT), Black Soil (+$3.80/MT), the South (+$5.80/MT) and most notably in Ural (+$9/MT) and Siberia (+$11.30/MT).4th grade soft milling wheat prices also increased in Volga Valley and Ural (+$1.30-2.40/MT), Central (+$5.80/MT), Black Soil (+$5.20/MT), the S...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.