Russian Grain Markets: 1–5 January 2024 Most of Russia’s regions have been celebrating the New Year holidays and the the Russian Orthodox Christmas resulting in a slowdown of grain shipping in the Black Sea. Previously signed contracts are being fulfilled and most likely there will be a revival on the trading floor in the ports in the second half of January. A stronger ruble adjusts price levels both in the ports and inland because most of the Russian grain market is export driven. The domestic market is weak, millers have sufficient stocks, and only intervention purchases of the government raise the attention of millers when they need to replenish their raw materials stocks, otherwise there are no bullish factors on the...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.