The Russian grain market was influenced by several very serious factors during the week in review. These included the sharp ruble devaluation, a suspension in purchases of its grains by most exporters and the government's higher, fixed minimal purchase prices. Russian Grain Markets Market Trends: 15-19 December 2014 The Russian grain market was influenced by several very serious factors during the week in review. First, of course, there were the wild fluctuations of the RUB rate, which dropped to 80 rubles per USD a few days before ending the week at about 62 rubles per USD. Another factor was the suspension in grain buying by most exporters because Rosselkhoznadzor stopped issuing the phytosanitary certificates necessary for export and...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.