Russian grain prices once again fluctuated insignificantly in RUB expression, but they decreased in USD expression as the ruble continued to weaken. Meanwhile, the country's grain exports are up slightly in MY 2016/17, although Ukraine's are higher. Russian Grain Markets Market Trends: 19-23 June 2017 Prices once again fluctuated insignificantly in RUB expression, but they decreased in USD expression due to the weaker ruble. While the grain traded is from the 2016 harvest, the market is ready for 2017 production. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (-$1.20/MT) as well as Siberia and Ural (+$0.20-0.30/MT) and decreased in Central (-$0.40/MT). However, they were stable in Black Soil and Volga Valley.4th g...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.