Russian Grain Markets: 16-20 September 2019 Domestic Russian grain prices fluctuated insignificantly in ruble expression, except for milling rye prices that spiked because of its deficit on the market, and corn prices that dropped significantly due to a general downward trend in Black Sea market corn prices. Milling wheat export prices grew to $186/MT FOB Black Sea. The average purchase price grew to RUB 11,150/MT. Feed barley average export price was stable at $176/MT FOB Black Sea while average purchase price remained stable at RUB 10,000/MT CPT-port Black Sea. Corn average export price decreased to $160/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central region (+RUB 85/MT), Southern (+RUB 5...
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...