As of 11 April 2014 and from the beginning of MY 2013/14, Ukraine has exported 28.338 MMT of grain. According to Ukrainian Grain Association President Vladimir Klimenko, grain exports have not experienced any delays or interruptions. Russian Grain Markets Planting Update Russian farmers have planted spring grain crops on 2.1 million hectares (6.4 percent of the target) as of 14 April 2014. Market Trends: 7-11 April 2014 Prices on the grain market continued to increase during the week in review, but at a slower rate than the previous week. GEOGRAPHICALLY: 3rd grade soft milling wheat prices increased in the South and Ural (+$0.50/MT), Central, Volga Valley and Black Soil (+$2-2.50/MT) and Siberia (+$4.50/MT).4th grade soft milling whe...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.