Russian Grain Markets: 1-5 June 2020 Corn prices grew significantly in all regions of Russia, while milling rye prices significantly decreased. Milling and feed wheat prices followed the same trends as one week before. Meanwhile, on the export market milling wheat average price grew to $219/MT FOB Black Sea. The average 2020 yield wheat prices were quoted at $206/MT FOB. The average purchase price for 2020 wheat was RUB 13,000/MT. 2019 feed barley average export price remained at $178/MT FOB Black Sea, purchase price was stable at RUB 10,500/MT CPT-port Black Sea. 2020 feed barley offer price was $175/MT FOB Black Sea. Feed corn average export price remained at $178/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat pric...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.