Russian Grain Markets: 9-13 August 2021 The domestic Russian grain market grew significantly in all regions of the European part of Russia (except for corn prices), mainly due to the USDA report with worse forecasts than expected. Export milling wheat average price increased to $295/MT FOB Black Sea. Average purchase price increased sharply and amounted to RUB 16,550/MT CPT-port Black Sea. Feed barley average export price grew to $250/MT FOB Black Sea, and the average purchase price to RUB 14,500/MT. Feed corn average export price grew to $272/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Siberia (-RUB 285/MT), slightly grew in the Ural region (+RUB 15) and more in other regions: the Central (+RUB 485...
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.