Russian Grain Markets: 16-20 April 2018 Prices continued to grow due to devaluation of the ruble, which began 6 April, and rising export prices. The price increases were mainly in the European part of Russia with insignificant changes in Siberia and Ural. The average milling wheat export price rose to $215/MT FOB Black Sea, and purchase prices at the seaports increased to $207-212/MT CPT-Black Sea port. Feed barley export prices were stable at an average $220/MT FOB, while the CPT-Black Sea port price grew (in RUB expression) to $207/MT. The average corn export price remained at $206/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (+$11.40/MT), Volga Valley (+$5.30/MT), Central (+$3.80/MT), Black 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...
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
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.