Russian Grain Markets: 14-18 February 2022 There was a lull in the domestic market with insignificant decreases in RUB for all grains. Russian ruble weakened so EXW prices expressed in the U.S. dollar decreased on average by $2-2.5. Meanwhile, export milling wheat average offer price decreased by $3 to $312/MT FOB Black Sea. Average purchase price decreased by RUB 100 to RUB 15,700/MT CPT-port Black Sea. Feed barley average export price increased by $4 to $296/MT FOB Black Sea; average purchase price remained stable at RUB 15,350/MT CPT-port Black Sea. Feed corn average export prices grew by $6 to $290/MT FOB Black Sea while average purchase price remained stable at RUB 14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling whe...
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
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.