An initial estimate of Russia's 2014 grain and leguminous crop harvest indicates that it should surpass the 2013 total. Meanwhile, implementation of the new wheat export duty on 1 February is expected to stablilize the domestic grain market environment. Russian Grain Markets Harvest Results According to Rosstat, Russia's Federal State Statistics Service, the preliminary estimate of the country's grain and leguminous crop harvest was 103.836 MMT (excluding results of the Crimean Federal District), which is higher than the 2013 total of 92.385 MMT. The 2014 estimate includes 58.994 MMT of wheat (52.091 MMT in 2013), 19.984 MMT of barley (15.389 MMT in 2013), 3.274 MMT of rye (3.36 MMT in 2013) and 11.091 of corn (11.635 in 2013). Also harv...
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...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.