Russian Grain Markets: 14-19 July 2019 Domestic grain prices decreased sharply as more regions switched to 2019 yield prices. Only corn prices managed to end the week largely unchanged. Export prices for wheat (12.5 percent) grew $1/MT and reached $197/MT FOB Black Sea. The average purchase price at CPT-port Black Sea also grew to RUB 10,500-10,600/MT. Feed barley average export prices reached $175/MT FOB Black Sea while purchases prices hit RUB 9,400/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased sharply in the Central region (-RUB 1,110/MT), the Black Soil region (-RUB 850/MT), the Volga Valley region (-RUB 640/MT), the Southern region (-RUB 100/MT), the Ural region (-RUB 550/MT), and...
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.