Ukraine's mllling wheat prices increased, mainly due to international factors such as the higher purchase price on the GASC tender and lower-than-forecast quality of the Russian wheat. There was also another domestic factor contributing to the growth. Russian Grain Markets Market Trends: 17-21 October 2016 The same trends of previous weeks continued as milling grain prices increased due to the low quality of the harvest. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-$1.20/MT), Black Soil (-$0.80/MT) and Volga Valley (-$0.02/MT), but they grew in the South(+$3.20/MT), Ural (+$0.30/MT) and Siberia (+$2/MT).4th grade milling wheat prices dropped in Central (-$0.50/MT) and Black Soil (-$0.20/MT) but remained sta...
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...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.