Russian Grain Markets: 13-17 August 2018 Grain prices continued to grow in the European part of Russia but decreased in Ural and Siberia as new crop production entered regional markets. While milling wheat export prices fell -$5/MT to $230/MT FOB Black Sea, purchase prices at seaports increased to $191-194/MT CPT-Black Sea port. The average feed barley export remained at $232/MT FOB, but the average purchase price at seaports rose to $191/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central (+$2.40), Black Soil and Ural (+$1.00/MT), Volga Valley (+$9.30/MT), and the South (+$6.40/MT) but dropped in Siberia (-$7.40/MT). 4th grade soft milling wheat prices grew in Central (+$0.80/MT), the South (...
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.