Russian Grain Markets: 31 May-4 June 2021 The Russian domestic grain market showed chaotic movement due to many factors both domestic and export oriented. Factors include bullish sentiments at the beginning of the season on the global market which is unusual, as well as RUB appreciation and the export duty introduction which makes it quite uncomfortable for traders to make the right decision. In other words, if you play long and export duty changes you can become a king or run out of business. You choose. The word “floating” for the export duty means total government control on the market. It was only introduced on 2 June and it will already change today! We may see Russia playing a similar game to Argentina on export duties f...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.