The trends in Ukraine's milling wheat, feed wheat, and feed barley markets all changed last week, influenced by the start of the 2017 harvests. Meanwhile, a company registered in Kazakhstan has signed a letter of intent regarding wheat sales to China. Russian Grain Markets: 26-30 June 2017 Market Trends Last week was the final one of MY 2016/17. Although this year’s new production will enter the market later than usual, prices have started changing in anticipation. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central, Black Soil and Volga Valley (+$0.20-0.40/MT) as well as Siberia and Ural (+$0.40-0.80/MT, but they decreased in the South (-$0.20).4th grade soft milling wheat prices increased in Central (+$1.70/MT), the So...
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...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.