Regional News The European and Black Sea wheat and summer crop markets are largely in wait-and-see mode regarding 2020 Northern Hemisphere supplies. Certainly, news of smaller Russian wheat crops and reductions to the EU wheat harvest have supported prices recently, but rallies have been limited as overall wheat supplies look ample. Similarly, after a rough start to 2020, European and Black Sea corn/rapeseed crops are entering the key growing season buoyed by good weather and trendline or better yields are expected. Ukraine’s 2020/21 YTD grain exports are down 57 percent at 719,000 MT. The current volume of exports includes 159,000 MT of wheat and 186,000 MT of barley, though it is unclear whether the grain is from old o...
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.