Russian Grain Markets: 9-13 October 2017 Market Trends Wheat prices increased slightly as prices for other crops fluctuated insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Siberia (-$1.20/MT) and Black Soil (-$0.30/MT), remained stable in Ural, and grew in Central (+$0.20/MT) as well as Volga Valley (+$1.40/MT) and the South (+$0.90/MT). 4th grade soft milling wheat prices kept decreasing in Siberia (-$2.60/MT), remained stable in Ural, and grew in Central and the South (+$0.50/MT) as well as Volga Valley and Black Soil (+$0.10-0.40/MT). 5th grade wheat prices fell in Central (-$1.20/MT) and Siberia (-$2.10/MT), but they rose in Volga Valley (+$1.20/MT) and Ural (+$0.20/MT) while remaining unchanged...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.