Russian Grain Markets: 13-17 December 2021 Russian grain market wheat prices decreased at higher rates than during the previous week due to growing grain export duties and global downward trends. Export milling wheat average offer price decreased to $332/MT FOB Black Sea. Average purchase price decreased to RUB 16,400/MT CPT-port Black Sea. Feed barley average export price decreased to $286/MT FOB Black Sea; average purchase price dropped to RUB 14,800/MT. Feed corn average price remained unchanged at $272/MT FOB Black Sea while average purchase price amounted to RUB 13,000-14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Central region (-RUB 300/MT), the Black Soil (-RUB 110/MT), Southern (-RUB 265...
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...