Russian Grain Markets: 15-21 August 2012 GRAINS AND PRODUCTS Harvesting and Planting Updates According to Petr Chekmarev, director of the Russian Ag Ministry's Department of Crop Production, as of 20 August, Russian farmers harvested grains and leguminous crops on 24.1 million hectares, or 54 percent of the target, and produced 47.7 MMT of grains (versus 54.4 MMT as of the same date last year). The average yield was 1.98 MT/hectare (versus 2.73 MT/hectare in 2011). Agrarians planted winter crops for grain and feed fodder on the areas of 377,000 hectares, or 2.2 percent of the forecast, an increase of 43,600 hectares compared ot the same date last year. Exports Update Since the beginning of MY 2012/13 to 15 August, according to...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.