Russian Grains Market: 13–17 October 2025 The Russian grains market remained stable with a slightly bearish undertone, despite zero export duties and firm global demand. Reduced competition among buyers—due to fewer active exporters and limited multinational participation—has led to downward pressure on bids, which appear to be nearing seasonal lows. In Asian Russia, traders are watching Kazakhstan closely. A recent uptick in Kazakh wheat prices may support a recovery in Russian prices in the region. However, Kazakhstan’s wheat market remains constrained by logistical bottlenecks, including increased rail tariffs and congestion at Aktau port, which suspended shipments until 20 October 2025. Export prices for third-gr...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.