Russian Grain Markets: 10-14 September 2018 Feed barley prices grew significantly, but other grain prices either increased slightly or remained stable due to strengthening of the ruble. However, all prices rose moderately in USD expression. Milling wheat export prices fell $1/MT to $220/MT FOB Black Sea, while purchase prices at seaports remained stable in RUB expression but grew in USD expression to $188/MT CPT-Black Sea port. The average feed barley export price climbed $1/MT to $236/MT FOB, and the average CPT-Black Sea port price increased to $193/MT. First prices quoted for the new harvest corn averaged $184/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+$0.20/MT), Ural, Black Soil and the Sout...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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.