Russian Grain Markets: 5 - 9 December 2022 Despite the ongoing war in Ukraine, Russia is revamping its positions on grains and oilseeds markets thanks to a record crop, high demand for wheat, and other agricultural commodities. Sanctions, increased insurance, and war risks have had little effect so far on the dynamics of exports. Russia may set a new world record on the wheat export market becoming the unprecedented leader with a potential of 43.5 MMT. Exports for all grains from Russia may reach 55 MMT (excluding flour) which will be a domestic record. Sanctions slowed down export dynamics and during July-September logistics issues kept exports low. However, in October Russia regained its weight on the global arena of...
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.