Russian Grain Markets: 9-12 February 2021 Russian domestic grain prices decreased differently depending on when the export duty was/is going to be introduced and in what amount. (For wheat, it was introduced on 15 February and in two weeks it will double). Meanwhile, export milling wheat average price decreased to $282/MT FOB Black Sea. The average purchase price decreased to RUB 14,500-14,800/MT CPT-port Black Sea. Feed barley average export price remained at $242/MT FOB Black Sea, the average purchase price was stable at RUB 15,600/MT. Feed corn average export price decreased to $263/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to decrease in all regions: Central and Volga Valley (-RUB 235-250/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.