Russian Grain Markets: 5-9 March 2018 Domestic feed grain prices grew slightly in the European part of Russia, and milling wheat prices remained stable in RUB expression (down in USD expression) across all regions. The very short workweek (5-7 March) was followed by holidays (8-11 March). Milling wheat export prices increased to $209/MT FOB Black Sea (+$2) with purchase prices at seaports rising to $185-189/MT CPT-Black Sea port. Feed barley export prices remained at $216/MT FOB, while purchase prices were stable at $189/MT CPT-Black Sea port. Corn export prices climbed to $190/MT FOB Black Sea (+$2). GEOGRAPHICALLY 3rd grade soft milling wheat prices were stable across all regions. 4th grade wheat prices increased slightly in V...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.