Russian Grain Market: 17-25 June 2013 Harvesting Updates As of 24 June, grain crops were harvested on 510,600 hectares. The volume of the grain produced was 2.1 MMT with the average yield 4.17 MT/hectare. Specifically, wheat was harvested on 176,500 hectares (755,900 MT produced with the average yield 4.28 MT/hectare) and barley was harvested on 180,500 hectares (945,000 MT produced, the average yield 5.24 MT/hectare). Grain Market Interventions The Intervention Fund put up 45,052 MT of grains for exchange commodity trading on 25 June 2013 and sold 39,477 MT.Since the beginning of the public grain interventions in 2012, the State Intervention Fund already sold 3.611 MMT of grains on the stock exchange at total amount of RUR 29.711 b...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.