It was reported that Russian wheat exports decreased 34 percent during 1 February-18 March (compared with the same period in 2014) after introduction of the wheat export duty. Although not subject to the same tariff, barley exports also showed a noticeable change. Russian Grain Markets Planting Update As of 23 March 2015, spring grain crops had been planted on 663,100 hectares (1.3 percent of the target). Russia: Market Intervention Trading Session Results In the course of the 24 March market intervention trading session, 14,850 MT of wheat were purchased (12,420 MT of 3rd grade, 540 MT of 4th grade and 1,890 MT of 5th grade). The total volume of grains available for purchase was 31,590 MT. Market Trends: 16-20 March 2015 Russian gra...
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.