Ukraine's milling wheat prices continued to rise (in UAH expression) due to high demand from domestic and foreign buyers. Meanwhile, Russia's grain export forecast has been revised, and Kazakhstan is working to secure a specific new market for its own grain exports. Russian Grain Markets: 7-11 November 2016 All prices grew in RUB expression (except corn prices that remained stable) but decreased in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central and Black Soil (+$0.20-0.30/MT), Ural and Siberia (+$1.30/MT, the South(+$2/MT), and Volga Valley (+$3.40/MT).4th grade soft milling wheat prices continued to rise in Central (+$0.50/MT), Black Soil and Volga Valley (+$1-1.30/MT), Ural and Siberia (+...
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...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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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.