Russian Grain Markets: 12 - 16 October 2020 Domestic market wheat prices grew significantly; barley, corn and rye prices also increased but at a smaller rate. Meanwhile, export milling wheat average price grew to $251/MT FOB Black Sea. The average purchase price grew to RUB 17,800 /MT. Feed barley average export price grew to $207/MT FOB Black Sea, while the average purchase price remained at RUB 14,600/MT CPT-port Black Sea. New harvest feed corn average export price increased to $217/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions, most of all in the Volga Valley region (+RUB 890/MT), but also in Central and Black Soil (+RUB 435-450/MT), Southern (+RUB 235/MT), Siberia and Ural (+RUB 130-1...
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.