Ukraine has exported 26.8 MMT of grains as of 24 March 2014 with a total grain export forecast of 33 MMT for MY 2013/14. Russian Grain Markets Planting Update As of 24 March 2014, Russian farmers planted spring grain crops on 396,400 hectares, which is 0.8 percent of the target. Market Trends: 17-21 March 2014 During the week in review, grain market prices continued to increase as a result of the RUB depreciation and the political crisis in Crimea. The growth occurred mostly in corn and wheat prices as in the previous week. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South (+$3/MT), Black Soil and Volga Valley (+$4-4.50/MT), Central and Ural (+$6.50/MT) and most significantly in Siberia (+$12.49/MT).4th...
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.