Russian Grain Markets: 2-6 March 2020 Grain prices on the domestic Russian market changed little. We’ll see significant changes caused by ruble rate decrease during the week starting 9 March. Meanwhile, on the export market prices kept decreasing: milling wheat average price decreased to $213/MT FOB Black Sea. Purchase prices grew to RUB 13,000-13,100/MT. Feed barley average export price decreased to $182/MT FOB Black Sea; purchase prices grew to RUB 10,900/MT CPT-port Black Sea. Feed corn average export price grew to $178/MT FOB Black Sea, the average purchase price stable at RUB 10,800/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Central, Black Soil and Ural regions, gr...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.