While Russia's milling wheat prices decreased across all regions, they grew slightly in Ukraine (in UAH expression) because of two factors. Meanwhile, Russian grain exports thus far in MY 2016/17 are lower than Ukraine's total and also behind the pace of last year. Russian Grain Markets Market Trends: 12-16 December 2016 Milling wheat, feed wheat and corn prices all decreased, but rye and feed barley prices mostly remained stable. GEOGRAPHICALLY 3rd grade soft milling wheat prices dropped in the South (-$7/MT), Volga Valley (-$1.20/MT), Siberia (-$3.80/MT), Ural (-$0.40/MT), and Central and Black Soil (-$0.50-0.70/MT).4th grade soft milling wheat prices declined in the South (-$3.30/MT), Siberia (-$3.70/MT), Volga Valley (-$1.50/...
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.