Russia's domestic grain prices continued to drop (in RUB) across most regions, and grain exports from its seaports during 5-11 May were significantly lower than the previous week. Meanwhile, a new program in Kazakhstan is impacting the wheat crop there. Russian Grain Markets Market Trends: 8-12 May 2017 Grain prices continued to fall in RUB, but the strengthening of that currency caused them to grow in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in the South but decreased in Central (-$0.20/MT), Volga Valley, Black Soil and Ural (-$0.80/MT), and Siberia (-$0.70/MT).4th grade soft milling wheat prices fell in Central (-$0.20/MT), the South (-$1.20/MT), Black Soil (-$0.30/MT), and Siberia and Ural (...
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.