Russian Grain Markets: 1-5 February 2021 Prices generally decreased in the Russian domestic grain market, more so for wheat (under the influence of the export duties to be introduced shortly in February and March and the new flexible export duty to be introduced 2 July) and less so for barley and corn. Meanwhile, export milling wheat average prices decreased to $285/MT FOB Black Sea. The average purchase prices decreased to RUB 15,200-15,500/MT CPT-port Black Sea. Feed barley average export prices grew to $242/MT FOB Black Sea, the average purchase price was stable at RUB 15,600/MT. Feed corn average export price grew to $264/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in all regions: Central (-RU...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.