Russian grain prices continued on an upward trend in RUB expression on the domestic market. They kept dropping in USD expression, however, and demand increased as an export duty on certain grains is reportedly being considered. Russian Grain Markets Market Trends: 18-22 January 2016 During the week in review, grain prices at the Russian market continued on an upward trend in RUB expression. They kept dropping in USD expression, however, and demand increased. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South (+$6.50/MT), Black Soil and Ural (+$0.20-0.30/MT), Volga Valley (+$0.70/MT) and Siberia (-$1.30/MT), but they remained stable in Central.4th grade milling wheat prices grew in Central and Ural (+$0.20/MT), Vo...
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
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.