Ukrainian milling wheat prices quoted by traders grew as did those at the UBS ports. Traders’ feed wheat bid prices also increased along with export prices. Meanwhile, feed barley FOB prices remained stable, and domestic corn prices moved in different directions. Russian Grain Markets Planting update Spring crops were planted on 836,000 hectares (1.6 percent of the target) as of 28 March 2016, including grain crops on 613,400 hectares (2 percent of the target). Market Trends: 14-18 March 2016 Wheat and barley prices at the Russian market continued decreasing (in RUB expression), rye prices grew, and corn prices changed insignificantly. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$4.60/MT), Black Soil a...
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...
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.