Russian Grain Markets: 1-5 April 2019 Domestic grain prices fluctuated in RUB expression but decreased in USD expression due to the weaker ruble. The average milling wheat sea export price was unchanged at $226/MT FOB Black Sea, but purchase prices grew in RUB expression and decreased in USD expression to $198-200/MT CPT-Black Sea port. The average feed barley export price declined to $198/MT FOB, and the average purchase price fell to $168/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in Central (-RUB 95/MT), Black Soil (-RUB 40/MT) and Volga Valley (-RUB20/MT) but grew in Ural (+RUB 60/MT). Meanwhile, they were unchanged in the South and Siberia. 4th grade soft milling wheat prices fell in Centra...
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.