Milling Wheat The Black Sea market has reversed the downward trend it had been following since January. The buyers/consumers have certainly appreciated the $20 collapse, and they don’t want to miss the opportunity to lock in the current prices. Russia’s exports have reached 30 MMT, but the weekly export pace has slowed to about 400 KMT versus 1 MMT at the start of the campaign. Now the market is trying to determine whether the total will be 34 MMT or 37 MMT. Ukraine has exported 7.7 MMT of milling wheat so far, which is close to the 8 MMT unofficial export quota requested by the government in a memorandum to exporters. Algeria bought 450 KMT of optional origin wheat at $231.50-234/MT CNF for shipment between mid-April and mid-...
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.