Russian Grain Markets: 10 – 14 February 2025 The market remained bullish with some regional deviations. Corn and barley prices froze along with export demand for the latter. Keep in mind that beginning 15 February, the new export quota for grains covers only wheat. Wheat allowed for export is now 10.6 MMT. This quota does not include Customs Union countries including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Also, excluded is humanitarian aid which Russia from time to time provides to African countries. The quota is a factor but not the driver at the moment. Physically remaining stocks in Russia differ from region to region and there are wheat-deficient regions already because wheat exports earlier in the season were quite high. R...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.