Ukraine's domestic prices for milling wheat and feed wheat were more or less stable (in UAH expression) 5-9 October despite the growth in their respective export prices. Both domestic and export feed barley prices continued to increase, however, due to rising demand from traders and limited offer. Russian Grain Markets Harvest Update 101.1 MMT of grain were harvested from 42.3 million hectares (95.3 percent of the target) as of 12 October 2015 compared with 103.5 MMT from 41.5 million hectares as of the same date a year ago. Specifically, 63.3 MMT of winter and spring wheat were produced from 25.2 million hectares (98.3 percent of the target) as were 18.1 MMT of winter and spring barley from 8.1 million hectares (98.3 percent of th...
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...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.