Ukraine's domestic feed corn prices declined as a result of the stronger UAH, larger offer and lower export offer prices. Meanwhile, prices at the Ukrainian Black Sea (UBS) ports dropped to $155-170/MT CPT-port. FOB offer prices decreased to $165-170/MT. Russian Grain Markets Planting Update Spring crops were planted on 241,700 hectares as of 4 March 2016. Market Trends: 29 February-4 March 2016 Grain prices at the Russian market decreased in RUB expression during the week in review, while they mainly grew in USD expression due to strengthening of the ruble. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Black Soil (-$0.80/MT), the South (-$0.60/MT), Central (-$0.50/MT), and Volga Valley and Siberia (-$0.20/MT), but...
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...
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.