Russian Grain Markets: 30 November-4 December 2020 Russian domestic market wheat prices moved in different directions, but the changes were moderate. Processors wanted to accumulate sufficient stocks of raw materials before the holiday season and create demand, while traders decreased their demand expecting to stagnate in the near future. Feed barley and feed corn prices either grew or remained unchanged. Meanwhile, export milling wheat average price decreased to $255/MT FOB Black Sea. The average purchase price decreased to RUB 17,400-17,800 /MT. Feed barley average export price remained at $217/MT FOB Black Sea, the average purchase price was also stable at RUB 14,800/MT CPT-port Black Sea. New harvest feed corn average export pri...
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.