Russian Grain Markets: 10-14 May 2021 Corn, barley, and wheat prices on the domestic market continued to grow while rye prices decreased. Apart from the global trends, there’s a domestic factor that contributed to the price growth: colder weather conditions 2021 resulting in delayed harvesting and processors accumulating larger stocks of grain than previous years. Meanwhile, export milling wheat average price decreased to $274/MT FOB Black Sea. The average purchase prices grew to RUB 15,500/MT CPT-port Black Sea. Feed barley average export price decreased to $242/MT FOB Black Sea, the average purchase price grew to RUB 16,200/MT. Feed corn average export price decreased to $278/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft...
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.