Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Turkey says it will be a “key player in global grain” with plans to greatly expand storage/handling facilities and a long-term goal of becoming a hub for grain shipments out of the Black Sea region. It has been a major wheat flour exporter for several years and expects to continue increasing those exports. Egypt has advised wheat farmers that the government will not buy any local stocks that do not meet required specifications. There has apparently been a problem with them trying to deliver wheat with higher moisture than allowed. The recent USDA-FAS report on the UAE seems to hold few (if any) surprises. For 2019/20, wheat and barley imports are forecast to be similar to l...
Markets are caught between reasons to keep selling and reasons to take another look. Fund liquidation and renewed peace talks are pressuring grains, while fresh export business and some diesel relief offer encouragement. Corn recovered nearly 10 cents from its low to finish higher, while soybea...
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 “How To”...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
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.