Russian Grain Markets: 10-14 January 2022 The Russian domestic market prices changed insignificantly and mainly in southern regions that are more sensitive to international price changes and dollar rate. As for export prices, a key internal factor that influenced them is the decrease of export duties. Export milling wheat average offer price decreased to $330/MT FOB Black Sea. Average purchase price grew to RUB 16,500/MT CPT-port Black Sea. Feed barley average export price was stable at $288/MT FOB Black Sea; average purchase price grew to RUB 14,750/MT. Feed corn average price grew to $276/MT FOB Black Sea while average purchase prices were stable within RUB 14,000-14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices g...
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.
Macro: Treasury Squeezes Yields, the Dollar Gives Way Today’s markets are offering a lesson in pressure: it rarely disappears — it simply moves. The U.S. Treasury stepped into the bond market after long-term yields surged to levels not seen in nearly two decades. By announcing plans...
Key Takeaways: Weather conditions in Europe have continued to deteriorate following both the EU MARS’ latest balance sheet update and the August WASDE, leaving “official” estimates lagging behind the reality observed on the ground. WPI’s models anticipate a 4 perc...
Russian Grain Markets: 10–14 August 2026 The Russian grain market continued to weaken sharply during the second week of August as the Black Sea logistics situation deteriorated. Russia and Ukraine continued exchanging drone and ballistic attacks on seaports, infrastructure and commercial...