Russia exported 194,800 MT of sunflower oil in March 2014 (a 5 percent gain compared to February 2014 and 48 percent more than March 2013), the highest results ever registered in that country. Russian Grain Markets Planting Update Russian farmers have planted spring grain crops on 3.7 million hectares (11.5 percent of the target) as of 21 April 2014. Included were spring wheat on 281,000 hectares (2.1 percent), spring barley on 2.1 million hectares (23.77 percent) and spring corn on 461,600 hectares (17.8 percent). Soybeans were planted on 30,900 hectares (1.8 percent)), spring rapeseed on 49,300 hectares (4.5 percent) and sunflower seed on 758,600 hectares (10.9 percent). Market Trends: 14-18 April 2014 Grain prices moved in dif...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
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.