Ukraine's milling wheat prices dropped under the pressure of lower prices on European markets and increasing offer. Most traders have also completed their urgent shipments, so there is currently no desperate need for supplies. Russian Grain Markets Harvest Update As of 10 August 2015, 51.6 MMT of grains were harvested from 17 million hectares compared with 58.8 MMT from 18.2 million hectares in 2014. This included 39.6 MMT of winter and spring wheat from 11.9 million hectares and 8.2 MMT of winter and spring barely from 3.2 million hectares. 185,800 MT of rapeseed were harvested from 103,500 hectares. Market Trends: 3-7 August 2015 Milling wheat prices increased on the Russian market, while feed wheat prices were more or less stable...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.