Russian Grain Markets: 26-30, July 2021 Prices in the domestic Russian grain market moved in different directions with a downward trend getting weaker under the influence of global upward trends and a pessimistic domestic forecast. Meanwhile, export milling wheat average price increased by $8 to $258/MT FOB Black Sea. Average purchase price increased sharply and amounted to RUB 14,650/MT CPT-port Black Sea. Feed barley average export price grew by $8 to $220/MT FOB Black Sea, average purchase price decreased to RUB 12,600/MT. Feed corn average export price remained stable at $268/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the Black Soil (-RUB 100/MT) and Ural regions (-RUB 90/MT), grew in the South...
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.