RUSSIAN GRAIN MARKET: 17-23 July 2013 Harvesting Updates As of 22 July, grain crops were harvested on 10.3 million hectares. The volume of the grain produced was 30.7 MMT with the average yield of 2.98 MT/hectare. Specifically, wheat was harvested on 8.1 million hectares (25.4 MMT produced with the average yield of 3.15 MT/hectare), barley was harvested on 985,400 hectares (2.6 MMT produced, the average yield of 2.7 MT/hectare) and rapeseed was harvested on 170,300 hectares (287,100 MT produced, the average yield of1.69 MT/hectare). Market Trends 15-19 July 2013 The market remained bearish although the price decrease in European Russia was not as sharp as the previous week, and the prices dropped sharply in Ural where harvesting beg...
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.