Russian Grain Markets: 1-8 January 2021 The Russian domestic market prices moved insignificantly because most of the regions in Russia were on holiday during the early part of January (Russians celebrate Christmas on 7 January). The export milling wheat average price grew to $278/MT FOB Black Sea (due to the introduction of the export duty starting 15 February). The average purchase price range grew significantly: RUB 15,200-17,500/MT. Feed barley average export price grew to $221/MT FOB Black Sea; the average purchase price grew to RUB 14,800/MT CPT-port Black Sea. Feed corn average export price grew to $240/MT FOB Black Sea. GEOGRAPHICALLY During the holiday season prices were mainly stable in all regions except for the south, wh...
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
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.