Russian Grain Markets: 8-15 January 2013 Grain Market Interventions The intervention fund put up 64,978 MT of grains for exchange trading on 15 January 2013.As of 15 January, there have been 281 participants during the course of the public commodity interventions. Since the beginning of these interventions in 2012, the public intervention fund has sold 1.259 MMT of grain on the stock exchange for a general sum of 10.314 billion Russian rubles. Harvest Results According to the Russian Ministry of Agriculture, the country's total production volume of grains and leguminous crops in 2012 totaled 70.676 MMT in clean weight, down 25 percent from the previous year. Grain crops formed 68.502 MMT of the total volume, specifically: winter and s...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.