Rosselkhoznadzor, the Russian Federal Service for Veterinary and Phytosanitary Surveillance, wants to decrease the volume of grain exports by tightening quarantine and phytosanitary control. It has also requested a ban on shipments through offshore countries. Russian Grain Markets Market Trends: 24-28 November 2014 As the Russian ruble rate dropped, prices on the domestic grain market increased in RUB expression, but declined in USD expression. GEOGRAPHICALLY: 3rd grade soft milling wheat prices continued to grow in Central and Black Soil (+$7-8/MT), the South (+$9.10/MT), Ural (+$9.30/MT), Volga Valley and Siberia (+$4-5/MT).4th grade soft milling wheat prices also increased in Central and Volga Valley (+$6-6.20/MT), the South a...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.