Russian Grain Markets: 11-15 December 2017 Market Trends A 3.9 percent increase in the railroad transportation tariff for grains contributed to increases in some of those prices. On the export market, milling wheat prices dropped (-$1.00) to $191/MT FOB Black Sea. Purchase prices at the seaports also decreased. However, feed barley and corn export prices remained at $191/MT FOB Black Sea and $166/MT FOB Black Sea, respectively. There shouldn’t be any significant market changes before or during the winter holidays. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+$0.20/MT), the South (+$0.70/MT) and Siberia (+$1.20/MT), remained stable in Black Soil, and decreased in Volga Valley and Ural (-$ 0.40/MT). 4t...
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...
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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.