Ukraine's domestic prices for milling wheat and feed wheat were more or less stable (in UAH expression) 5-9 October despite the growth in their respective export prices. Both domestic and export feed barley prices continued to increase, however, due to rising demand from traders and limited offer. Russian Grain Markets Harvest Update 101.1 MMT of grain were harvested from 42.3 million hectares (95.3 percent of the target) as of 12 October 2015 compared with 103.5 MMT from 41.5 million hectares as of the same date a year ago. Specifically, 63.3 MMT of winter and spring wheat were produced from 25.2 million hectares (98.3 percent of the target) as were 18.1 MMT of winter and spring barley from 8.1 million hectares (98.3 percent of th...
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.