Russian Grain Markets: 24-28 October 2022 Planting Update Winter crop planting is still behind schedule and may be the lowest in the past five years. As of 31 October, winter crops were planted over 16.3 Mha which is 85 percent of the forecast and about 2 Mha behind past year. It is already clear that Russia will not be able to plant as many hectares as the ministry expected which was 19 Mha. Initially the ministry hoped that winter crops would increase by 600,000 ha. The rainy season lasted longer than usual and did not allow farmers to plant in the south and center of the country, the main wheat producing areas. About two-thirds of the farms in the south decided to stop planting in October and plant nothing in November. Planting in occ...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.