In a meeting with grain exporters on 28 June, Rosselkhoznadzor experts announced that the service believes certain changes need to be made in Yeysk and Temryuk seaports in order to prevent both the spreading of harmful organisms as well as the deterioration of grain quality. Russian Grain Markets Market Trends: 20-24 June 2016 Grain prices were either stable or grew slightly (due to market deficit) except for those in the South that were pushed down by new harvest stocks. GEOGRAPHICALLY 3rd grade soft milling wheat prices dropped dramatically in the South (-$20.80/MT) while remaining stable in Black Soil, Ural and Volga Valley. They grew in Central (+$0.50/MT) and Siberia (+$0.70/MT).4th grade milling wheat prices also decreased signif...
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.