Russian grain markets again followed the trends of previous weeks as milling grain prices continued to grow. Meanwhile, Russia exported 354,700 MT of grain via seaport during 24-30 October 2016 as Ukraine's total was 851,500 MT for the same period. Russian Grain Markets: 24-28 October 2016 Market Trends The markets again followed the trends of previous weeks as milling grain prices continued to grow. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central (+$2.40/MT), Black Soil (+$1.30/MT), Volga Valley (+$0.20/MT), the South (+$0.20/MT), Ural (+$1.20/MT) and Siberia (+$2.60/MT).4th grade milling wheat prices dropped in Volga Valley (-$1.10/MT) but were stable in Siberia. Meanwhile, they grew in Central (+$2/MT), Black...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.