Although Russia's overall grain exports are down somewhat in MY 2016/17 as of 28 December 2016 versus a year ago, its corn exports showed a notable change. Meanwhile, domestic grain prices fluctuated slightly due to the holiday stagnation. Russian Grain Markets Market Trends: 2-6 January 2017 Grain prices fluctuated slightly due to the holiday stagnation. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in all regions.4th grade soft milling wheat prices decreased in the South and Black Soil (-$0.20/MT), but they remained stable in other regions.5th grade wheat prices fell in Central, the South and Black Soil (-$0.20-0.40/MT), and they remained steady in other regions.Feed barley prices grew in Central (+$1.50/MT) and...
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...
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...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.