Russian Grain Markets: 17-21 January 2022 The Russian domestic market fluctuated as it grew significantly in the beginning but then decreased. We see a moderate growth of prices in RUB which, due to a weakening of the ruble, is a decrease when expressed in dollars. Changes took place mainly in southern regions that are more sensitive to international price changes and dollar rate. Export milling wheat average offer price grew to $332/MT FOB Black Sea. Average purchase price decreased to RUB 16,450/MT CPT-port Black Sea. Feed barley average export price grew to $294/MT FOB Black Sea; average purchase price grew to RUB 14,950/MT. Feed corn average price grew to $278/MT FOB Black Sea while average purchase prices were stable within RUB 14,000...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.