Russian Grain Markets: 6-10 November 2017 Market Trends Milling wheat prices rose gradually in RUB expression, but they decreased in USD expression due to weakening of the ruble. Meanwhile, prices for other grains fluctuated insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Black Soil (+$1.30/MT) and Volga Valley (+$0.80/MT), but they decreased in Siberia (-$0.60/MT) while remaining stable in other regions. 4th grade soft milling wheat prices increased in Central (+$0.60/MT) and Black Soil (+$0.70/MT), but they dropped in Siberia and Ural (-$0.20-0.70/MT). Meanwhile, prices were stable in Volga Valley and the South. 5th grade wheat prices grew in Central and Black Soil (+$0.60-0.80/MT), fell in Siberia...
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.