Russian Grain Markets: 9-13 November 2020 The increase in Russian domestic wheat prices slowed while barley and corn prices continued to grow. Export milling wheat average price was stable at $257/MT FOB Black Sea. The average purchase price range narrowed to RUB 17,900-18,100/MT. Feed barley average export price decreased to $215/MT FOB Black Sea, while the average purchase price remained at RUB 14,800/MT CPT-port Black Sea. New harvest feed corn average export price grew to $237/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew: more in the Central region (+RUB 260/MT) and in Siberia (+RUB 200/MT), less in the Black Soil region (+RUB 80/MT), Southern and Volga Valley (+RUB 15/MT), and Ural (+RUB 25/MT); 4...
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.