Russian Grain Markets: 20-28 May 2013 Planting Updates As of May 27, spring grain crops were planted on 23.1 million hectares, including 8.5 million hectares of wheat, 7 million hectares of barley and 2.3 million hectares of corn. Grain Market Interventions The intervention fund sold 43,031 MT of grains for exchange commodity trading on 28 May 2013.Since the beginning of the public grain interventions in 2012, the State Intervention Fund has sold 3.316 MMT of grain for total amount of RUR 27.451 billion. Market Trends: 20-24 May 2013 During the week in review, Russian grain market prices moved in different directions. GEOGRAPHICALLY: 3rd and 4th grade soft milling wheat prices continued to decrease in Black Soil and Volga Valley (...
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...