Prices continued to drop overall on the Russian grain markets, although there were slightly different patterns in a few regions. Meanwhile, Ukrainian grain prices mostly fell or were unchanged with those of milling wheat reflecting the seasonal slowdown in trading activity. Russian Grain Markets Market Trends: 24-28 April 2017 Grain prices continued to drop overall, more significantly in USD expression due to slight depreciation of the RUB, although they remained stable or increased slightly in a few regions.. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Central, Volga Valley and Siberia (-$0.20/MT), Black Soil (-$0.30/MT), and the South (-$0.50/MT). However, they grew slightly in Ural (+$0.20/MT).4th grade soft milling w...
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
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.