Ukraine's milling wheat prices were stable on the domestic market and at the UBS ports. They decreased, however, on the export market due to the increasing new harvest wheat offer. Russian Grain Markets Harvest Update As of 3 August 2015, 42.2 MMT of grains were harvested from 13 million hectares compared with 48.2 MMT produced from 14.2 million hectares in 2014. This included 34.6 MMT of winter and spring wheat from 10 million hectares and 4.4 MMT winter and spring barely from 2 million hectares. 180,200 MT of rapeseed were also harvested from 100,600 hectares. Market Trends: 27-31 July 2015 Russia's domestic grain market and pricing were influenced by the entry of new harvest grain, global prices, harvest delays and the decreasing RU...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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.