Russian Grain Markets: 27 February – 5 March 2013 Grain Market Interventions The intervention fund put up 64,930 MT of grain for exchange trading on 27 February and 65,004 MT of grain on 5 March.Since the beginning of the public grain interventions in 2012, the State Intervention Fund has sold 2.129 MMT of grain for a total amount of RUR 18.110 billion. Market Trends: 25 February – 1 March 2013 The Russian grain market's downward trend continued during the week in review. Prices dropped in all regions. GEOGRAPHICALLY: 3rd grade soft milling wheat prices decreased in Volga Valley and Siberia (-$7.50-9.50/MT), the South and Ural (-$4-4.50/MT), Black Soil (-$2.50/MT) and Central (-$0.50/MT).4th grade soft milling wheat prices dec...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.