Russian Grain Markets: 6 - 10 February 2023 Russian domestic grain markets remained relatively stable. Feed wheat remains more expensive than barley, corn trading is animated and is slightly bullish on the domestic market but the key driver for corn demand is the export market. Export duties and RUB fluctuations will determine the future of domestic grain trading and as a result pricing. The government let the market know that there will be no more grain interventions in 2023 which means farmers are completely in the hands of the export market now. On 6 February, Ukraine won a GASC feed corn tender for 60,000 MT with February-March delivery which brings Russia’s chances for a bull in the near term even slimmer. Russian...
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.