Russian Grain Markets: 25-29 May 2020 Domestic grain markets followed the same trends as the previous week. The prices for 2019 yield didn’t decrease significantly as there aren’t many offers on the market. In some regions the scarce stock even pushed prices up. Meanwhile, corn prices kept growing. The average price for export market milling wheat decreased to $218/MT FOB Black Sea. Purchase prices grew to RUB 14,500/MT. The average new (2020) yield wheat prices were quoted at $202/MT FOB. Feed barley average export price remained at $179/MT FOB Black Sea, purchase price was stable at RUB 10,500/MT CPT-port Black Sea. Feed corn average export price remained at $178/MT FOB Black Sea; the average purchase price remained at RUB 11...
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...