Russian Grain Markets: 20-24 April 2020 Prices on the domestic grain market continued to grow. Meanwhile, on the export market milling wheat average price decreased to $229/MT FOB Black Sea. Purchase prices grew to RUB 15,700-15,800/MT. Feed barley average export price decreased to $181/MT FOB Black Sea; purchase price grew to RUB 11,800/MT CPT-port Black Sea. Feed corn average export price decreased to $172/MT FOB Black Sea; the average purchase price was stable at RUB 11,100/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Black Soil and Central regions (+RUB 100/MT), as well as Southern (+RUB 165/MT), Volga Valley (+RUB 90/MT), Ural and Siberian (+RUB 200-250/MT); 4th grade soft milling wheat pr...
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.