The National Association of Exporters of Agricultural Products has requested that the Russian government cancel the wheat export duty midway through its effective period. Their arguments are based on several issues impacting the country's producers as well as exporters. Russian Grain Markets Planting Update As of 30 March 2015, spring grain crops were planted on 1.3 million hectares (2.4 percent of the target). Market Trends: 23-27 March 2015 Russian grain market prices continued to drop (in RUB expression) but at a slower rate than previously. GEOGRAPHICALLY: 3rd grade soft milling wheat prices continued to decrease, although at a slower rate, in Black Soil (-$3.80/MT), Siberia (-$3/MT), Central (-$1.70/MT), the South and Volga Vall...
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.