Russian Grain Markets: 30 August-3 September Prices for grain crops in the Russian domestic market mainly increased. Export prices increased but so did the wheat export duty. On the one hand exporters limited offer waiting for a further increase of export prices, but on the other hand they decreased purchasing prices for wheat because of the duty. Thus, export milling wheat average price increased to $302/MT FOB Black Sea. Average purchase price decreased to RUB 16,350/MT CPT-port Black Sea. Feed barley average export price remained at $260/MT FOB Black Sea; average purchase price dropped to RUB 15,200/MT. Feed corn average export price remained stable at $272/MT FOB Black Sea. Geographically: 3rd grade soft milling wheat prices decreas...
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.