Due to the Christmas and New Year holidays, the next weekly Black Sea Regional Analysis will be 8 January 2020. Russian Grain Markets: 9-13 December 2019 Domestic prices on the Russian market changed insignificantly. As for export prices, the average milling wheat price grew to $214/MT FOB Black Sea. Purchase prices remained within RUB 12,500-12,700/MT. Feed barley average export price decreased to $186/MT FOB Black Sea, purchase remained unchanged at RUB 10,500/MT CPT-port Black Sea. Corn average export price grew to $170/MT FOB Black Sea, the average purchase price didn’t change: RUB 9,000/MT CPT-port Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central and Volga Valley regions (+RUB 15/MT) and...
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...