Russian Grain Markets: 7–11 August 2023 The Russian grain market was not following one clear trend. Partly because of the geographical spread of the country, but global factors also effect Russian markets and especially the latest developments in the Black Sea. The market is very sensitive to domestic Russian currency behavior and government moves related to export duties. The first factor triggered the second - government's desire to collect more duties. This in turn keeps the export market stable, however, if you go further away from the export marketplace you will see farmers are not sure if they are better off sitting on grain, selling it later, or selling immediately. Russian Agricultural Center’s preliminary report...
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.