Russian Grain Markets: 23-27 October 2017 Market Trends Grain prices showed little change as they mostly either remained stable or slightly decreased. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew slightly in the South (+$0.20/MT) and fell slightly in Central (-$0.20/MT), and they remained stable in all other regions. 4th grade soft milling wheat prices dropped in Central (-$0.60/MT) and Siberia (-$1.30/MT) as well as Ural and the South (-$0.80-0.90/MT), but they were steady in Volga Valley and Black Soil. 5th grade wheat prices fluctuated insignificantly. They were stable in Central, Black Soil, Volga Valley and Siberia while slightly decreasing in the South and Ural (-$0.20/MT). Feed barley prices were stable in all...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...