Russian Grain Markets: 22-26 February 2021 Russian domestic grain prices followed the pattern of the previous week. Meanwhile, export milling wheat average price grew to $289/MT FOB Black Sea. The average purchase price amounted to RUB 14,600/MT CPT-port Black Sea. Feed barley average export price was stable at $245/MT FOB Black Sea, the average purchase price was RUB 15,400/MT. Feed corn average export price didn’t change either and amounted to $264/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices kept decreasing: Central region (-RUB 300/MT), Black Soil (-RUB 390/MT), Southern (-RUB 365/MT), Volga Valley and Ural (-RUB 100-130/MT), and Siberia (-RUB 50/MT); 4th grade soft milling wheat prices also decre...
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.