Russian Grain Markets: 12 - 16 October 2020 Domestic market wheat prices grew significantly; barley, corn and rye prices also increased but at a smaller rate. Meanwhile, export milling wheat average price grew to $251/MT FOB Black Sea. The average purchase price grew to RUB 17,800 /MT. Feed barley average export price grew to $207/MT FOB Black Sea, while the average purchase price remained at RUB 14,600/MT CPT-port Black Sea. New harvest feed corn average export price increased to $217/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions, most of all in the Volga Valley region (+RUB 890/MT), but also in Central and Black Soil (+RUB 435-450/MT), Southern (+RUB 235/MT), Siberia and Ural (+RUB 130-1...
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.