Russian Grain Markets: 2-6 August 2021 Prices in the domestic Russian grain market grew significantly in all regions of the European part of Russia, mainly due to the growth of export prices. Export milling wheat average price increased to $268/MT FOB Black Sea. Average purchase price increased sharply and amounted to RUB 15,550/MT CPT-port Black Sea. Feed barley average export price grew to $232/MT FOB Black Sea, average purchase price to RUB 13,700/MT. Feed corn average export price grew to $270/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Ural region (-RUB 50/MT) and grew in other regions: in the Central (+RUB 650/MT), Black Soil (+RUB 570/MT), Southern (+RUB 915/MT), Volga Valley (+RUB 990/MT)...
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.