Russian Grain Markets: 1-5 March 2021 Wheat prices in the southern regions of the Russian domestic grain market grew moderately while wheat prices in other regions continued to decrease. Export milling wheat average price decreased to $288/MT FOB Black Sea. The average purchase prices grew to RUB 14,750/MT CPT-port Black Sea. Feed barley average export price was stable at $245/MT FOB Black Sea, the average purchase price decreased to RUB 15,300/MT. Feed corn average export price didn’t change and amounted to $264/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Southern region (+RUB 185/MT) but decreased in other regions: Central (-RUB 150/MT), Black Soil (-RUB 260/MT), Volga Valley and Ural (-...
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.