Russian Grain Markets: 20-24 November 2017 Prices grew slightly in RUB expression, but they increased more significantly in USD expression due to strengthening of the ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to rise in the European part (Central, Black Soil and Volga Valley) of Russia (+$0.80-1.00/MT), but they were stable in the Asian part (Siberia and Ural). 4th grade soft milling wheat prices were also higher in the European part of Russia (+$0.70/MT) and stable in the Asian part. 5th grade wheat prices increased in Central and Volga Valley (+1.00/MT) as well as Black Soil (+$0.70/MT), but they were steady in the South, Ural and Siberia. Feed barley prices grew in Central and Black Soil (+$1.50/MT) as wel...
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...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.