According to Toleutay Rakhimbekov, director of the Agricultural Competence Center in the National Chamber of Entrepreneurs, the volume of Kazakhstan’s grain exports strongly depends on the Russian wheat harvest for one significant reason. Russian Grain Markets Market Trends: 19-23 December 2016 Grain prices were stable in RUB expression but grew in USD expression due to strengthening of the ruble. Yet producers in some regions decreased their offer prices by RUB 100-200/MT in order to sell their stocks quicker, but such action didn’t change the general price situation on the market. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in the South, Black Soil and Ural, but they fell in Central and Volga Valley (-$0.70-0.9...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
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...
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.