Russian Grain Markets: 2-6 July 2018 Following the usual seasonal trends, domestic grain prices decreased. However, they fell at a less dramatic rate than usual for this time of year. Meanwhile, milling wheat export prices stopped falling and started to grow, reaching $200/MT FOB Black Sea as purchase prices rose to $163-168/MT CPT-Black Sea port. The average feed barley export price increased to $194/MT FOB, and the average purchase price also grew to $161/MT CPT-Black Sea port. Meanwhile, the average corn export price declined to $182/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to fall in Central and in Volga Valley (-$2.00-2.30), Black Soil (-$3.30/MT), the South (-$4.70/MT) and Siberia (-$0.20/MT),...
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.