Russian Grain Markets: 15-19 January 2018 The domestic market was influenced by the same trends of the previous week with average prices rising slightly in both RUB and USD expressions due to strengthening of the ruble. The leaders of the price growth were feed barley (due to active exports) and milling rye. On the export market, milling wheat prices increased to $194/MT FOB Black Sea and $184-188/MT CPT-port Black Sea. Feed barley export prices were stable at $192/MT FOB Black Sea and $186/MT CPT-port Black Sea. Meanwhile, corn prices grew to $169/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$0.20/MT) and Siberia (-$0.80/MT), but they rose in Central, Black Soil and Ural (+...
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: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...