Russian Grain Markets: 31 October - 4 November 2022 Russia’s grain harvest continues and has set a record of 150 MMT. Russia’s wheat belt, Krasnodar area, also set a new wheat production record of 10.7 MMT. The Ministry of Agriculture reported that as of 7 November, Russia produced 151,000 MT of grains of which 105 MMT was wheat, 24.3 MMT barley, and 5.9 MMT corn. With such a crop Russia may become the world’s largest wheat exporter this year depending upon the future of the UN humanitarian grain corridor and the annexing of Ukrainian Azov Sea ports of Berdyansk and Mariupol as well as all Black Sea ports in Kherson Oblast. Mykolayiv deep water port of Ukraine has been blocked since the beginning of the Russian invasion...
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.