Russian Grain Markets: 1-5 June 2020 Corn prices grew significantly in all regions of Russia, while milling rye prices significantly decreased. Milling and feed wheat prices followed the same trends as one week before. Meanwhile, on the export market milling wheat average price grew to $219/MT FOB Black Sea. The average 2020 yield wheat prices were quoted at $206/MT FOB. The average purchase price for 2020 wheat was RUB 13,000/MT. 2019 feed barley average export price remained at $178/MT FOB Black Sea, purchase price was stable at RUB 10,500/MT CPT-port Black Sea. 2020 feed barley offer price was $175/MT FOB Black Sea. Feed corn average export price remained at $178/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat pric...
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...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.