Russian Grain Markets: 3-7 September 2018 Domestic grain prices either grew or remained stable, but the offer is not increasing as producers are awaiting further development of the RUB/USD rate. Milling wheat export prices dropped $4/MT to $221/MT FOB Black Sea, while the average purchase price at seaports was $186/MT CPT-Black Sea port. The average feed barley export price remained at $235/MT FOB, and the average CPT-Black Sea port price was also $186/MT. GEOGRAPHICALLY 3rd grade soft milling wheat prices rose in Central (+$0.50/MT), Volga Valley and Black Soil (+$0.80-1.00/MT), the South (+$1.70/MT), and Siberia and Ural (+$2.80/MT). 4th grade soft milling wheat prices increased in Central and Siberia (+$1.00/MT), the South (+$2.80/M...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.