Milling wheat bids at the UBS ports increased in UAH expression to $164-172/MT CPT-port (3rd and 4th grade), and export offers grew to $164-174/MT. Meanwhile, the production and export potential forecasts have been revised. Russian Grain Markets Market Trends: 15-19 August 2016 There was a generally mild upward trend in the Russian grain market, although many regions saw prices for 3rd and 4th grade milling wheat as well as 5th grade feed wheat move in opposite directions. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in the South, Volga Valley and Ural (+$5-5.70/MT), Black Soil (+$4.30/MT) and Central (+$1.70/MT), but they fell in Siberia (-$8.30/MT).4th grade milling wheat prices remained stable in Central...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.