Russian Grain Markets: 29 November-3 December 2021 Russian grain market wheat prices decreased mainly due to downward trends on international wheat markets and growing wheat export duties. Export milling wheat average offer price decreased to $342/MT FOB Black Sea. Average purchase price remained at RUB 17,125/MT CPT-port Black Sea. Feed barley average export price was stable at $298/MT FOB Black Sea; average purchase price increased to RUB 16,100/MT. Feed corn average price decreased to $274/MT FOB Black Sea while average purchase price dropped to RUB 13,600-14,000/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Central, Southern and Black Soil regions (-RUB 15-20/MT), in the Volga Valley (-RUB 65/MT), a...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...