Milling Wheat The Black Sea market was again about unchanged last week. Russia’s exports have reached approximately 31.5 MMT since the start of the campaign. If the current export pace is maintained until the end of June, the total for 2018/19 will be close to 35 MMT (as noted last week). Weather conditions in Ukraine and southern Russia continue to be generally favorable for the wheat crop’s early development with adequate soil moisture and seasonally mild temperatures. The EU exported 491,000 MT last week, bringing the total to 15.6 MMT versus 15 MMT at the same time last year. The total for the current campaign could be 20 MMT if the EU maintains its current export pace in the coming weeks. Algeria bought 150,000 MT of opt...
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.