Wheat The wheat harvest in Argentina has ended with an estimated production of 11.5-12.5 MMT. This is no surprise to the market and compares with a 22 MMT crop from last season. The overall quality has been good, with high test weigh and gluten content, which is good news for local millers who will not have to pay extra to get higher quality wheat. Wheat shortages and government interventions, however, have created major distortions in the market. Exporters have been net sellers of FAS wheat at prices of $340/MT. In addition, by not buying the reference price of wheat at the ports (published daily by the Rosario Board of Trade) prices fell to levels of $305/MT ($355/MT FOB equivalent). Exporters have purchased 5.5 MMT, of which some...
The Olympic marmot (Marmota olympus) is a rodent in the squirrel family, Sciuridae. It occurs only in the U.S. state of Washington, at the middle elevations of the Olympic Peninsula. The closest relatives of this species are the hoary marmot and the Vancouver Island marmot. In 2009, it was decl...
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.