Russian Grain Market: 1-7 August 2013 Harvesting Updates As of 5 August, grain and leguminous crops were harvested on 14.1 million hectares. The volume of the grain produced was 39.6 MMT with the average yield of 2.81 MT/hectare. Specifically, wheat was harvested on 10 million hectares (31 MMT produced with the average yield of 3.08 MT/hectare), barley was harvested on 2.1 million hectares (5 MMT produced, the average yield of 2.37 MT/hectare), rapeseed was harvested on 191,300 hectares (331,600 MT produced, the average yield – 1.73 MT/hectare). Grain Market Interventions According to the Russian Ministry of Agriculture on 7 August, the government supported the ministry's proposal to stop the public grain-selling interventions that...
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.