Russia has exported 434,000 MT of grain as of 15 July 2015 and from the beginning of MY 2015/16, a 56.9 percent decrease compared with the same period in the previous season. Included were 200,000 MT of wheat, 137,000 MT of barley, 93,000 MT of corn and 4,000 MT of other grains. Russian Grain Markets Harvest Update Grains were harvested from 6.7 million hectares (versus 9.1 million hectares in 2014) as of 21 July 2015, which produced 24.8 MMT (compared with 31.7 MMT last year). Included were winter and spring wheat from 5.1 million hectares (19.2 MMT produced) as well as winter and spring barely from 786,200 hectares (2.7 MMT produced). Rapeseed was harvested from 82,500 hectares (130,400 MT produced). Market Trends: 13-17 July 2015 Th...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.