Russian Grain Markets: 10-14 June 2019 Export prices for 2019 wheat (12.5 percent protein content) remained within $196-198/MT FOB Black Sea, and the average purchase price was RUB 10,500/MT CPT-port Black Sea. Meanwhile, the average export price for 2019 feed barley dropped to $170/MT FOB Black Sea, and purchase prices were quoted at RUB 8,800-9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices fell moderately in Central and Black Soil (-RUB 20-30/MT), Volga Valley (-RUB 90/MT), Siberia (-RUB 15/MT) and Ural (-RUB 175/MT) but plummeted in the South (-RUB 465/MT). 4th grade soft milling wheat prices followed a similar pattern with decreases in Central and Black Soil (-RUB 40-65/MT), Volga Valley and Siberia (...
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.