Russian Grain Markets: 23-27 November 2020 The Russian domestic market wheat prices followed the trends of the previous week decreasing in southern regions and moderately growing in others. Barley and corn prices continued to grow. Meanwhile, export milling wheat average price grew to $256/MT FOB Black Sea. The average purchase prices were stable within RUB 17,700-17,900 /MT. Feed barley average export price remained at $217/MT FOB Black Sea, while the average purchase price grew to RUB 14,800/MT CPT-port Black Sea. New harvest feed corn average export price decreased to $236/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Southern region (-RUB 135/MT) but kept growing in Central and Black Soil...
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...