Russian Grain Market: 8-14 August 2013 Harvesting Updates As of 12 August, grain and leguminous crops were harvested on 16.7 million hectares (3.7 million hectares less than as of the same date in 2012). The volume of the grain produced was 45.5 MMT (3.1 MMT more than in 2012), with the average yield of 2.72 MT/hectare (2.08 MT/hectare in 2012). Specifically, wheat was harvested on 11 million hectares (33.4 MMT produced with the average yield of 3.05 MT/hectare), barley was harvested on 3.1 million hectares (7 MMT produced, the average yield of 2.29 MT/hectare). Winter Crops Planting Begins According to the Russian Ministry of Agriculture on 13 August, some regions of the Volga and Central Federal District started planting winter cr...
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.