Russian Grain Markets: 7-11 September 2020 Domestic Russian market wheat and barley prices mainly grew due to export demand. Corn prices were stable in the regions where the old harvested corn was sold and decreased in the regions that started quoting prices for 2020 corn. Export milling wheat average 2020 prices increased to $225/MT FOB Black Sea following an increase in demand. The average purchase price grew to RUB 14,900-15,200/MT. Feed barley average export price grew to $188/MT FOB Black Sea. New harvest feed corn average export price increased to $180/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in all regions: Central (+RUB 185/MT), Black Soil (+RUB 260/MT), Southern (+RUB 830/MT), Volga Valley...
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.
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...