Russian Grain Markets: 30 September 30 – 4 October 2019 Domestic Russian grain prices grew (except for corn prices) due to active demand from both domestic buyers and foreign importers. Corn prices continued decreasing as harvesting is in progress and the downward trend will last for some time. Milling wheat export prices grew to $195/MT FOB Black Sea. The average purchase price grew to RUB 11,400/MT. Feed barley average export price grew to $180/MT FOB Black Sea while average purchase price increased to RUB 10,200/MT CPT-port Black Sea. Corn average export price grew to $165/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central (+RUB 15/MT), Black Soil and Volga Valley regions (+RUB 25-50/...
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.