As of 11 April 2014 and from the beginning of MY 2013/14, Ukraine has exported 28.338 MMT of grain. According to Ukrainian Grain Association President Vladimir Klimenko, grain exports have not experienced any delays or interruptions. Russian Grain Markets Planting Update Russian farmers have planted spring grain crops on 2.1 million hectares (6.4 percent of the target) as of 14 April 2014. Market Trends: 7-11 April 2014 Prices on the grain market continued to increase during the week in review, but at a slower rate than the previous week. GEOGRAPHICALLY: 3rd grade soft milling wheat prices increased in the South and Ural (+$0.50/MT), Central, Volga Valley and Black Soil (+$2-2.50/MT) and Siberia (+$4.50/MT).4th grade soft milling whe...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
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.