Russia's domestic grain prices continued to rise due to the decreasing stocks and offers of the 2015 production. However, barley prices started dropping significantly in the South where the winter crop harvest will soon start and boost supplies. Russian Grain Markets Market Trends: 23-27 May 22016 Grain prices continued to rise due to the decreasing stocks and offers of the 2015 production. However, barley prices started dropping in the South where the winter crop harvest will soon start and boost supplies. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central and Volga Valley (+$3.60-3.70/MT), the South and Black Soil (+$2.50/MT), and Ural and Siberia (+$2/MT).4th grade milling wheat prices also increased in the Sou...
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.