Russian Grain Markets: 25-29 March 2019 The average grain prices on the domestic market continued to drop in RUB expression for the most part. However, the decrease in USD expression was more significant due to weakening of the ruble. The average milling wheat sea export price fell $2/MT to $226/MT FOB Black Sea, and the purchase prices grew in RUB expression but decreased in USD expression to $199-200/MT CPT-Black Sea port. The average feed barley export price dropped to $206/MT FOB, while the purchase price was within $169-174/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Volga Valley, Central and the South (-RUB 65/MT), Black Soil (-RUB 110/MT), and Siberia and Ural (-RUB 115/MT). 4th grade s...
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 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...
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...
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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.