Russian Grain Markets: 4-10 September 2013 Harvesting Updates As of 6 September, grain and leguminous crops were harvested on 27.6 million hectares, 60 percent of the forecast (2.9 million hectares less than as of the same date in 2012). The volume of grain produced was 64.7 MMT (7.9 MMT more than as of the same date in 2012) with the average yield of 2.34 MT/hectare (1.86 MT/hectare in 2012). Specifically, wheat was harvested on 15.2 million hectares, 60.5 percent of the target (41.1 MMT produced with the average yield of 2.79 MT/hectare), barley was harvested on 6.3 million hectares, 69.6 percent of the target (12.8 MMT produced with the average yield of 2.03 MT/hectare) and corn was harvested on 106,300 hectares, 4.4 percent of the...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.