Russian Grain Markets: 24-28 February 2020 Wheat prices on the domestic Russian market grew slightly in ruble expression but decreased in dollar expression due to a weaker ruble. On the export market, prices kept decreasing.The milling wheat average price decreased to $215/MT FOB Black Sea. Purchase prices grew to RUB 13,000/MT. Feed barley average export price decreased to $185/MT FOB Black Sea, the purchase prices decreased to RUB 10,700/MT CPT-port Black Sea. Feed corn average export price decreased to $177/MT FOB Black Sea; the average purchase price was stable at RUB 10,800/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Southern and Black Soil regions, grew slightly in the C...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.