Russian Grain Markets: 4-7 March 2019 Grain prices on the domestic market mainly decreased under pressure from negative trends on the export market. The average milling wheat export price dropped $2/MT to $228/MT FOB Black Sea, but purchase prices grew to $201-203/MT CPT-Black Sea port. Meanwhile, the average feed barley export price declined to $210/MT FOB, and the average purchase price fell to $182/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices declined in the South and Central (-$0.20/MT), Black Sea and Volga Valley (-$0.30-0.50/MT), and Siberia (-$1.30/MT). Meanwhile, they remained unchanged in Ural. 4th grade soft milling wheat prices were steady in Volga Valley and Ural but decreased in Black Soil, the...
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.