Russian Grain Markets: 19-23 April 2021 Grain prices on the domestic market mainly grew following global trends. Export milling wheat average price grew to $262/MT FOB Black Sea. The average purchase price grew to RUB 14,750/MT CPT-port Black Sea. Feed barley average export price grew to $240/MT FOB Black Sea, the average purchase price grew to RUB 15,700/MT. Feed corn average export price remained at $255/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central region (+RUB 50/MT), Black Soil and Volga Valley (+RUB 125-130/MT), Southern (+RUB 315/MT), and Ural (+RUB 75/MT), but remained unchanged in Siberia; 4th grade soft milling wheat prices grew in all regions: Central (+RUB 150/MT), Black Soil...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.