Russian Grain Markets: 30 March – 3 April 2020 Grain prices on the domestic Russian market increased but at a slower rate, except for Siberia where prices grew sharply (probably for the last time before the beginning of State interventions, when 1 MMT of grain will be offered for sale). Meanwhile on the export market, milling wheat average price grew to $225/MT FOB Black Sea. Purchase prices grew to RUB 15,600-15,800/MT. Feed barley average export price was stable at $178/MT FOB Black Sea, purchase price was also stable at RUB 11,600/MT CPT-port Black Sea. Feed corn average export price was stable at $180/MT FOB Black Sea, the average purchase price grew to RUB 11,200/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft mill...
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.
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...