Russian Grain Markets: 2-8 October 2013 Harvesting Updates: As of 8 October, grain and leguminous crops were harvested on 36.9 million hectares, 83.8 percent of the planted area. The volume of grain produced was 81.8 MMT (11.9 MMT more than as of the same date in 2012) with the average yield of 2.22 MT/hectare (1.86 MT/hectare in 2012). Specifically, wheat was harvested on 21 million hectares, 87.7 percent of the target (50.2 MMT produced, the average yield of 2.38 MT/hectare), barley was harvested on 7.5 million hectares, 87.9 percent of the target (15.2 MMT produced, the average yield of 2.04 MT/hectare), corn was harvested on 582,800 hectares, 24 percent of the target (3 MMT produced, the average yield 5.08 MT/hectare). Sunflower s...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.