Russian Grain Markets: 20-24 January 2020 Grain prices on the domestic Russian market mainly grew due to high demand from both processors and exporters. Export prices also grew: the average milling wheat price grew to $234/MT FOB Black Sea. Purchase prices increased to RUB 13,000-13,200/MT. Feed barley average export price grew to $188/MT FOB Black Sea, purchase prices increased to RUB 10,700/MT CPT-port Black Sea. Feed corn average export price grew to $184/MT FOB Black Sea, the average purchase price increased to RUB 10,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices were growing in the Southern region (+RUB 285/MT), Central and Black Soil (+RUB 130-160/MT), Volga Valley and Ural (+RUB 50-65/MT), and...
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.