A Russian Grain Union official has indicated that the country's grain exports in September may reach 4.7 MMT, a record amount for that month, with the MY 2015/16 total expected to be 35 MMT. Russian Grain Markets Harvest Update Over 83.6 MMT of grain were harvested from 33.6 million hectares as of 14 September 2015 (71.6 percent of the target) compared with 85.1 MMT from 32 million hectares as of the same date a year ago. This specifically included 55.7 MMT of winter and spring wheat from 20.6 million hectares (76.6 percent of the target) and 16.1 MMT of winter and spring barley from 7 million hectares (78.3 percent of the target). Also produced were 1.9 MMT of corn from 380,400 hectares, 615,300 MT of rapeseed from 392,900 hectares (37...
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.