Russian Grain Markets: 9-13 August 2021 The domestic Russian grain market grew significantly in all regions of the European part of Russia (except for corn prices), mainly due to the USDA report with worse forecasts than expected. Export milling wheat average price increased to $295/MT FOB Black Sea. Average purchase price increased sharply and amounted to RUB 16,550/MT CPT-port Black Sea. Feed barley average export price grew to $250/MT FOB Black Sea, and the average purchase price to RUB 14,500/MT. Feed corn average export price grew to $272/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Siberia (-RUB 285/MT), slightly grew in the Ural region (+RUB 15) and more in other regions: the Central (+RUB 485...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.