Russian Grain Markets: 3-7 December 2018 Active demand drove domestic grain prices higher except for corn, which had a slight decline in the South. The average milling wheat export price rose +$2/MT to $230/MT FOB Black Sea, but purchase prices at seaports were stable in RUB expression while slightly lower in USD expression at $195-200/MT CPT-Black Sea port. Feed barley’s average export price fell to $239/MT FOB, and the average CPT-Black Sea port decreased to $206/MT in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central and the South (+$3.20-3.50/MT, Black Soil (+$2.50/MT), Volga Valley and Siberia (+$3.70/MT), and Ural (+$0.40/MT). 4th grade soft milling wheat prices increased in Central (+...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.