Russian Grain Markets: 25–29 December 2023 As of late December, the Russian Ministry of Agriculture forecasts grain production at 142 MMT. A week ago, the Russian Statistics Agency had already reported 142.6 MMT of grains harvested in standard weight excluding occupied territories in Donetsk, Luhansk, Zaporizhzhia, and Kherson which Russia has occupied and proclaimed its own territory. Does this mean that no more corn will be harvested? Possibly so, but few top officials are talking about grains which were harvested and possibly could still be harvested in occupied territories. The Russia’s Minister of Agriculture, Dmytriy Patroushev, said that 2023 for Russia was one of the most successful in terms of agricultural produ...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.