Russian Grain Markets: 24-28 August 2020 The domestic Russian market prices for wheat, barley and rye changed insignificantly. Corn prices started moving down as harvesting of 2020 corn is getting closer. Meanwhile on the export market, milling wheat average 2020 prices increased to $210/MT FOB Black Sea following an increase in demand. The average purchase price grew to RUB 13,900-14,000/MT. Feed barley average export price remained at $182/MT FOB Black Sea, while purchase price grew to RUB 12,100/MT CPT-port Black Sea. New harvest feed corn average export price increased to $173/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained unchanged in the Central and Black Soil regions, grew in the Southern (+RUB...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.