Russian Grain Markets: 16-20 October 2017 Market Trends Wheat prices fluctuated insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell in Siberia (-$1.70/MT), Ural (-$0.80/MT) and Black Soil ($0.50/MT), but they grew in Volga Valley (+$0.20/MT) while remaining stable in Central and the South. 4th grade soft milling wheat prices decreased in Central and Black Soil (-$0.20-0.70/MT) as well as Siberia (-$0.60/MT). Meanwhile, they were stable in Ural and the South but grew in Volga Valley (+$1.20/MT). 5th grade wheat prices dropped in Central (-$0.60/MT), Black Soil (-$1.70/MT) and Siberia (-$1.00/MT), but they were unchanged in Volga Valley, the South and Ural. Feed barley prices decreased in Central and Black So...
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
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.