Russian Grains Markets: 27 June-1 July 2022 Russia continued harvesting grains and it seems like the 2022 crop will be very close to a record. Russian Grain Union is expecting 84 MMT of grains according to Akradiy Zlochevsky, the head of the Union. The most recent forecasts showed 122 MMT of grains, including 80 MMT of wheat. The historic record of grain production was in 2017 when production was 135.5 MMT of which 86 MMT was wheat. The indicators of the previous year were 120.7 MMT of grains of which almost 76 MMT was wheat. The Russian government is even more optimistic about the crop and believes it could be as high as 130 MMT of which wheat (87 MMT) will break the previous wheat production record in country. Maybe the Russian govern...
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.