Russian Grain Markets: 23-27 July 2018 Wheat and barley export prices grew as the offer was limited. (Quoted prices are for both the 2018 and previous season grains.) Milling wheat export prices rose $15/MT to $223/MT FOB Black Sea, but purchase prices at sea ports increased at a slower rate to $173-175/MT CPT-Black Sea port. The average feed barley export price climbed $13/MT to $220/MT FOB, and the average CPT-Black Sea port price grew to $179/MT. GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in the South (+$3.20) and Volga Valley (+$0.20/MT), but they fell in Central (-$2.60/MT), Black Soil (-$1.00/MT) and Siberia (-$1.00/MT) while remaining unchanged in Ural. 4th grade soft milling wheat prices grew in the South (+$4.50/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.