The volume of grain dispatched from Ukraine's sea ports has not been negatively affected by the Crimean crisis. Meanwhile, Russia's agriculture ministry increased its grain export forecast in anticipation that the situation will cause delays and compel importers to instead buy Russian grain. Russian Grain Markets: 3-7 March 2014 Market Trends During the week in review, grain prices increased as a result of the Crimean crisis. However, the Russian market did not react as dramatically as expected. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South and Volga Valley (+$3.20/MT), Central (+$2.70/MT), Black Soil (+$2/MT) and Siberia (+$1.80/MT). They remained stable in Ural.4th grade soft milling wheat prices increased...
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.