Russia has revised its grain harvest forecast and is also considering a change regarding grain exports after a discussion during proceedings of the Russian-Palestinian Inter-Governmental Committee. Russian Grain Markets Market Trends: 22-26 August 2016 Domestic grain prices in the European part of Russia followed the same trends of the previous week while the Russian ruble slightly weakened. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Black Soil (+$2.10/MT) and also the South and Volga Valley (+$0.20-0.30/MT), but they fell in Central and Ural (-$1-1.10/MT) as well as Siberia (-$2.80/MT).4th grade milling wheat prices remained stable in Central but grew in Volga Valley and Black Soil (+$0.10-0.20/MT). They decreased...
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.
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...