Russian Grain Market Overview: 17-21 February 2020 Wheat prices on the domestic Russian market started to decrease in the European part of Russia under pressure from global trends, yet the prices in the Asian part of Russia were still increasing. On the export market, prices were mainly decreasing. Milling wheat average price decreased to $220/MT FOB Black Sea. Purchase prices remained within RUB 12,800-13,000/MT. Feed barley average export price decreased to $190/MT FOB Black Sea, purchase prices decreased to RUB 10,750/MT CPT-port Black Sea. The feed corn average export price was stable at $180/MT FOB Black Sea; the average purchase price was stable at RUB 10,800/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat...
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...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.