Russian Grain Markets: 17-23 April 2013 Grain Market Interventions The intervention fund put up 64,902 MT of grain for exchange trading on 17 April and 64,883 MT of grain on 23 April.Since the beginning of the public grain interventions in 2012, the State Intervention Fund has sold 2.937 MMT of grains for total amount of RUR 24.555 billion. Trading Session Schedule Due to the fact that the next two weeks' trading sessions will coincide with national holidays, the Russian Ministry of Agriculture decided to move the 30 April and 1 May trading session to 29 April and cancelled trading on 7-8 May. Planting Updates As of 19 April, Russian farmers planted spring crops on 3.7 million hectares (7.3 percent of the target), which is up 1.9 mi...
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.
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...