Russian Grain Markets: 24 September–1 October 2013 Harvesting Updates As of 26 September, grain and leguminous crops were harvested on 34.2 million hectares, 74.1 percent of the planted area (35.5 million hectares were harvested as of the same date in 2012 and 36.2 million hectares as of same date in 2011). The volume of the grain produced was 75.5 MMT (10.4 MMT more than as of the same date in 2012) with the average yield of 2.21 MT/hectare (1.83 MT/hectare in 2012). Specifically, wheat was harvested on 19.1 million hectares, 76.2 percent of the target (46.9 MMT produced with the average yield of 2.45 MT/hectare), barley was harvested on 7.3 million hectares, 80.9 percent of the target (14.6 MMT produced with the average yield of 2 M...
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.