Russian Grain Markets: 28 Novermber – 2 December 2022 With the UN humanitarian corridor back in place, Russia is reportedly procrastinating with inspections in the Black Sea thus creating a line of international vessels in the Bosporus straight. This is causing Ukraine and the world problems in food delivery and making it difficult for Ukraine to export its agricultural commodities surplus. It also gives Russia a preference in winning wheat tenders globally as Russian vessels do not have to be inspected and can leave Black Sea ports faster. Although Russia has a record grain crop and a good oilseeds crop, thanks to good weather conditions, some Russian farmers are complaining about margins and increased input costs. Due to imp...
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.