Russian Grain Markets: 1-5 April 2019 Domestic grain prices fluctuated in RUB expression but decreased in USD expression due to the weaker ruble. The average milling wheat sea export price was unchanged at $226/MT FOB Black Sea, but purchase prices grew in RUB expression and decreased in USD expression to $198-200/MT CPT-Black Sea port. The average feed barley export price declined to $198/MT FOB, and the average purchase price fell to $168/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-RUB 95/MT), Black Soil (-RUB 40/MT) and Volga Valley (-RUB20/MT) but grew in Ural (+RUB 60/MT). Meanwhile, they were unchanged in the South and Siberia. 4th grade soft milling wheat prices fell in Centra...
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.