Russia harvested 109.9 MMT of grain in bunker weight as of 18 November. Included were 62.2 MMT of wheat (2.61 MT/hectare), 21.2 MMT of barley (2.35 MT/hectare) and 10.9 MMT of corn (4.56 MT/hectare). Russian Grain Markets Market Trends: 10-14 November 2014 Prices on the Russian domestic market increased in both RUR and USD expression. GEOGRAPHICALLY: 3rd grade soft milling wheat prices rose dramatically in Central and Black Soil (+$12-12.80/MT), the South (+$17/MT), Volga Valley (+$18.70/MT), Ural (+$29.20/MT) and Siberia (+$21/MT).4th grade soft milling wheat prices also increased significantly in Central (+$16.80/MT), other European regions of Russia and Ural (+12.80-14/MT) and also in Siberia (+$23.20/MT).5th grade feed wheat prices...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.