Russian Grain Markets: 26 February-2 March 2018 Domestic grain prices remained stable in all regions except for the decreases in western Siberia. Milling wheat export prices grew to $207/MT FOB Black Sea (+$3/MT), but purchase prices at seaports fell to $182-190/MT CPT-Black Sea port. Feed barley export prices increased to $216/MT FOB (+$4/MT), while CPT-Black Sea port purchase prices remained at $190/MT. Corn FOB prices rose to $188/MT Black Sea (+$3/MT). GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to rise in the South (+$2.40/MT) as well as Central and Black Soil (+$0.20–0.30/MT). However, they were unchanged in Volga Valley and Ural while decreasing in Siberia (-$0.90/MT). 4th grade wheat prices grew in...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.