Ukraine's grain production is projected to show an increase in 2016, but the problems that traders have had transporting stocks to the seaports continue with Ukrainian Railways seeing grain car demand far exceeding capacity last week. Meanwhile, there has been a notable increase in vegoil exports. Russian Grain Markets Market Trends: 28 November-2 December 2016 Prices grew moderately during the week in review. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Siberia (+$2/MT), Ural (+$1.80/MT), Black Soil and Volga Valley (+$1-1.20/MT), Central (+$0.60/MT), and the South (+$0.80/MT).4th grade soft milling wheat prices grew in Central and Volga Valley (+$0.50/MT), the South (+$0.80/MT), Ural (+$1.50/MT), and Siberia...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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.