Russian Grain Markets: 18-22 June 2018 Domestic prices were influenced by the first offers of 2018 grain entering the market, mainly winter barley. However, the offer of winter wheat is also growing. Sellers were also getting rid of the previous season’s grain, selling it at close to the 2018 prices. Milling wheat export prices continued to decline, falling to $199/MT FOB Black Sea, and purchase prices at seaports dropped to $163-169/MT CPT-Black Sea port. The average feed barley export price decreased to $190/MT FOB, while the purchase prices at seaports were stable in RUB expression but decreased in USD expression to $155-158/MT CPT-Black Sea port. The average corn export price fell slightly to $186/MT FOB Black Sea. GEOGRAPHICAL...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.