Prices on the Russian grain market kept growing overall, influenced by rising demand from one segment. Meanwhile, oilseed processors in Ukraine's central regions are reporting an issue with the 2017 rapeseed. Russian Grain Markets: 10-14 July 2017 Market Trends Prices on the Russian grain market kept growing under the influence of rising demand from exporters. Only the price range for milling rye remained mostly unchanged. GEOGRAPHICALLY 3rd grade soft milling wheat prices continued to increase in the South (+$3.00/MT), Central, Volga Valley and Black Soil (+$0.70-0.90/MT), Ural (+$0.20/MT), and Siberia (+$1.20/MT).4th grade soft milling wheat prices grew in Central and Siberia (+$0.80/MT), the South (+$3.00/MT), Volga Valley (+$1.30/M...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Beef packer margins declined to $190/head last week, down $32 from the prior week as the Choice cutout weakened while fed cattle prices remained steady. The cutout fell $2.56/cwt to $373/cwt while fed cattle prices held near $220/cwt, narrowing packer spreads after several weeks of improvement...
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.