Russian Grain Markets: 13-19 November 2013 Harvesting Updates As of 19 November, grain and leguminous crops were harvested on 41.5 million hectares, 94.3 percent of the planted area. The volume of grain produced was 93.9 MMT (in bunker weight) with the average yield of 2.26 MT/hectare (1.91 MT/hectare in 2012). Specifically, wheat was harvested on 23.5 million hectares, 97.9 percent of the target (54 MMT produced with the average yield of 2.3 MT/hectare), barley was harvested on 8.1 million hectares, 95.4 percent of the target (16.3 MMT produced with the average yield of 2.01 MT/hectare) and corn was harvested on 1.7 million hectares, 70.4 percent of the target (9MMT produced with the average yield of 5.27 MT/hectare). Sunflower seed...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.