World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat There were no changes in the Black Sea market last week. The Russian domestic market was stable except for the approximate $4/MT increase in the southern region (close to the ports) for the second consecutive week. This confirms that the surplus there is almost depleted, and exporters are chasing the wheat further inland. The longer distances are requiring more wagons and trucks, but there is a lack of adequate transportation capacity to cover the current export commitments. Consequently, the FOB price for the old crop positions is not expected to come down soon. The new crop Russian 12.5 pro is offered at $200/MT FOB Novorossiysk or about $10/MT less than the old crop, which is also about $20/MT cheaper than the EU 12.5 pro...

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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.

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