Russian Grain Markets: 6-10 September 2021 Prices for grain crops in the domestic Russian market mainly increased. In the Ural region and in some areas in the Volga Valley region prices grew more significantly (due to lower average yields), while in the Southern, Central and Black Soil regions prices either increased insignificantly or slightly decreased. Export milling wheat average price increased to $310/MT FOB Black Sea (as wheat export duty kept growing). Average purchase price remained at RUB 16,350/MT CPT-port Black Sea. Feed barley average export price grew to $262/MT FOB Black Sea, average purchase price remained at RUB 15,200/MT. Feed corn average export price for 2021 corn amounted to $260/MT FOB Black Sea. GEOGRAPHICALLY 3rd...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.