Russian Grain Markets: 21 – 25 September 2020 Domestic Russian prices for wheat and barley grew sharply, especially in the south. Corn prices mainly grew too, while rye prices largely remained unchanged. Meanwhile, export milling wheat average 2020 prices decreased to $234/MT FOB Black Sea. The average purchase prices grew to RUB 16,400-16,600 /MT. Feed barley average export price grew to $196/MT FOB Black Sea, while purchase price increased to RUB 13,800/MT CPT-port Black Sea. New harvest feed corn average export price increased to $193/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions: Southern (+RUB 1,460/MT), Central (+RUB 500/MT), Volga Valley and Black Soil (+RUB 600-620/MT), Siber...
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.