Russian Grain Markets: 12-18 June 2013 Planting Updates As of 13 June, spring grain and leguminous crops were planted on 30.4 million hectares. This is 100.2 percent of the target and 505,000 hectares more than plantings as of the same date last year. Grain Market Interventions The intervention fund put up 44,882 MT of grains for exchange commodity trading on 18 June 2013 and sold 34,290 MT.Since the beginning of the public grain interventions in 2012, the State Intervention Fund has sold 3.536 MMT of grain for total amount of RUR 29.147 billion. Market Trends: 10-14 June 2013 GEOGRAPHICALLY 3rd grade and 4th grade soft milling wheat prices started to decrease in European Russia: in the South (-$4-5/MT), Central and Black Soil (-$1...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.