Russian Grain Markets: 6-10 April 2020 Wheat prices on the domestic Russian market increased in the European part of Russia but decreased in Siberia. Meanwhile on the export market, milling wheat average price remained at $225/MT FOB Black Sea. Purchase prices decreased to RUB 15,400-15,600/MT. Feed barley average export price was stable at $178/MT FOB Black Sea, purchase price slightly grew to RUB 11,650/MT CPT-port Black Sea. Feed corn average export price decreased to $178/MT FOB Black Sea, the average purchase price decreased to RUB 11,100/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices slightly grew in Black Soil and Volga Valley regions (+RUB 20/MT), and in Ural (+RUB 50/MT), remained unchanged in Ce...
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.