Russian Grain Markets: 8-12 October 2012 Harvesting Updates The Russian Ministry of Agriculture on 12 October updated its total grain harvest forecast for 2012 to 71.1 MMT, up 0.1 MMT from Ag Minister Nikolai Fedorov's estimate earlier in the week. Export Updates Russia is unlikely to supply more than 12 MMT of grains to world markets in MY 2012/13, according to Pavel Skurikhin, president of Russia's Grain Producers' Union, at the third Ukrainian Grain Congress on 16 October. Skurikhin said that the country supplied 8.1 MMT of grains to foreign markets since the beginning of MY 2012/13 and export activity has since slowed. As per his estimates, the total volume of grain to be exported in October will be 3 MMT, which is 200,000 MT less...
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.