Russian Grain Markets: 22-26 April 2019 Domestic grain prices declined or remained stable in RUB expression except for milling rye prices, which rose slightly. However, they all decreased in USD expression due to weakening of the ruble. The average milling wheat export price fell to $219/MT FOB Black Sea, while purchase prices remained stable in RUB expression and decreased in USD expression to $188-190/MT CPT-Black Sea port. The average feed barley export price dropped to $190/MT FOB, but the average CPT-Black Sea port remained stable in RUB expression and decreased in USD expression to $168/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices dropped in Central (-RUB 15/MT), Black Soil (-RUB 70/MT), the South (-RU...
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.