World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain and Oilseed Markets: 1–5 May 2023  Russia’s grain markets remain bearish. Russia is struggling with low prices for grains for domestic farmers and is not receiving sufficient revenue through export duties. Moreover, 1–9 May was a holiday season in Russia making it is very difficult to do business. Weather conditions in some areas of Russia are abnormal from frost to drought but recent rains in the south, Black Soil, and Volga Valley keep the overall forecasts for the 2023 grain crop positive. The factors which impact prices in Russia’s Black Sea area are still the same: export duties, RUB exchange rate, stocks which, especially for wheat, are record high, and Russia’s rhetoric around the UN...

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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.

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