Russian Grain Markets: 17-21 December 2012 Grain Market Interventions The intervention fund put up 64,935 MT of grains for exchange trading on 19 December 2012.Yesterday, 25 December, 64,935 MT of grains were offered for exchange trading. Of that amount, 62,100 MT were sold. Export Update Russia exported 978,000 MT of wheat in November, down 38 percent compared to October exports and down 50 percent compared to November exports last year. During 1-19 December, 742,800 MT of grain were exported, including 436,000 MT of wheat, 58,800 MT of barley, 187,800 MT of corn and 39,500 MT of other grain crops. Since the beginning of MY 2012/13 (1 July), Russia has exported a total of 12.704 MMT of grain. According to the latest Ag Ministry forec...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.