Regional News Russia’s agriculture ministry announced that 900,000 hectares of crops will need to be reseeded this year after several frosts/freeze events that destroyed crops in south/central Russia. The French spring crop area is forecast to include 1.44 Mha of corn (up 9.6 percent from 2023 and 5 percent below the five-year average), and 502,000 hectares of spring barley (up 12.2 percent from last year but 15.8 percent below average). Early last week, consultancy SovEcon lowered its forecast of the Russian 2024 wheat crop by 7.3 MMT to 85.7 MMT. If correct, that volume would be 1 MMT below the five-year average. A Ukrainian scientist said that recent frosts of -2°C and as low as -9°C in some plac...
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.