Russian Grain Markets: 8-15 May 2012 GRAINS AND PRODUCTS Planting Updates as of 11 May 2012Russian Grain Export UpdateAccording to First Deputy Prime Minister Viktor Zubkov, Russian wheat exports have amounted to 20 MMT since the beginning of the current marketing year (1 July 2011). That makes Russia the second-largest wheat exporter in the world. Total grain exports have reached 25 MMT. Corn export volumes are growing as well; Russia exported 342,980 MT of corn in April 2012, the largest volume in the 2011/12 season (71 percent more than March 2012 exports and more than 10 times the volume exported in April 2010). The largest importers of Russian corn in April were Spain (36 percent of total volume) and Turkey (23 percent).Despite the...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.