Russian Grain Markets: 29 January-2 February 2018 There was an upward trend in prices for all grains as a saturated domestic market continued reacting to the positive trend in export prices. On the export market, milling wheat prices continued to grow and reached $198/MT FOB Black Sea (+$2/MT). Meanwhile, purchase prices remained the same (in RUB expression) at $184-188/MT CPT-Black Sea port. Feed barley export prices also continued to increase and averaged $199/MT FOB Black Sea (+$4/MT), but the CPT-Black Sea port prices were stable (in RUB expression) at $190/MT. Corn export prices rose as expected to $176/MT FOB Black Sea (+$4/MT). GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Volga Valley (+$3.30/MT), Central and Bl...
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...
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.