Russian Grain Markets: 25 December 2017-10 January 2018 Market Trends Market activity was slow with insignificant changes in prices. Key grain prices either grew slightly or remained unchanged in RUB, and they all increased slightly in USD due to strengthening of the ruble. On the export market, milling wheat prices rose +$2/MT to $192/MT FOB Black Sea. The range of purchase prices at seaports remained unchanged at $175-189/MT CPT-Black Sea port. Feed barley prices amounted to $192/MT FOB Black Sea and $181/MT CPT- Black Sea port. Corn prices remained at $166/MT FOB Black Sea and $143/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in the South and Volga Valley (+$ 0.20/MT) as well as Ural (...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.