Ukraine has exported 23.9 MMT of grains since the beginning of MY 2013/14. This is a 36.7 percent increase compared with the same period in MY 2012/13. Russian Grain Markets: 17-24 February 2014 Market Trends The general grain market trend was upward for the week. However, we don't see the price increases in USD expression due to weakening of the RUB/USD rate. GEOGRAPHICALLY: 3rd grade soft milling wheat prices increased in Central and Ural (+$0.50/MT), the South (+$3/MT), Black Soil (+$1.40/MT) and Siberia (+$6.50/MT). They remained stable in Volga Valley.4th grade soft milling wheat prices increased in the South (+$3.70/MT), Volga Valley and Ural (+$2/MT), Black Soil (+$2.20/MT), Central (+$1.40/MT) and Siberia (+$0.50/MT).5th grade...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.