Russia's domestic grain prices continued to drop (in RUB) across most regions, and grain exports from its seaports during 5-11 May were significantly lower than the previous week. Meanwhile, a new program in Kazakhstan is impacting the wheat crop there. Russian Grain Markets Market Trends: 8-12 May 2017 Grain prices continued to fall in RUB, but the strengthening of that currency caused them to grow in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in the South but decreased in Central (-$0.20/MT), Volga Valley, Black Soil and Ural (-$0.80/MT), and Siberia (-$0.70/MT).4th grade soft milling wheat prices fell in Central (-$0.20/MT), the South (-$1.20/MT), Black Soil (-$0.30/MT), and Siberia and Ural (...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Beef packer margins declined to $190/head last week, down $32 from the prior week as the Choice cutout weakened while fed cattle prices remained steady. The cutout fell $2.56/cwt to $373/cwt while fed cattle prices held near $220/cwt, narrowing packer spreads after several weeks of improvement...
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.