Russian Grain Markets: 17-21 June 2019 Domestic prices quoted in the South, Volga Valley and Black Soil were mainly for 2019 production, which is why they dropped dramatically. As harvesting progresses, such sharp decreases will spread to other regions. Export prices for 2019 wheat (12.5 percent protein content) averaged $196/MT FOB Black Sea, and CPT-port Black Sea purchase prices grew to RUB 10,500-10,600/MT. The average export price for 2019 feed barley fell to $167/MT FOB Black Sea, while purchase prices remained within RUB 8,800-9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-RUB 1,100/MT), Volga Valley (-RUB 300/MT), Central (-RUB 215/MT), Black Soil (-RUB 120/MT), Ural (-RU...
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.