Russian Grain Market Overview: 24-28 June 2019 During the week in review, grain domestic prices were still a cocktail of 2018 and 2019 prices while export prices were quoted only for 2019 grains. Export prices for wheat (12.5 percent) grew to $198/MT FOB Black Sea. The average purchase price at CPT-port Black Sea was still within RUB 10,500-10,600/MT. Feed barley average export price remained at $167/MT FOB Black Sea. Purchase prices remained within RUB 8,800-9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased most of all in the Volga Valley region (-RUB 840/MT), less - in the Southern region (-RUB 550/MT), in the Central region (-RUB 150/MT), in the Black Soil region (-RUB 270/MT), in the Ura...
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.