The Russian Ministry of Agriculture reported that 23.088 MMT of grain had been exported as of 8 February and from the beginning of MY 2016/17, down slightly from a year ago. Meanwhile, an expansion in Ukraine's soy market capacity has been forecast. Russian Grain Markets Market Trends: 6-10 February 2017 The average price of milling rye grew significantly as that of barley increased only slightly, and those of corn as well as milling and feed wheat all fell. GEOGRAPHICALLY 3rd grade soft milling wheat prices decreased in the South (-$1.40/MT) and Volga Valley (-$0.70/MT). However, there was no change in other regions.4th grade soft milling wheat prices were stable in Central, but they dropped in Black Soil and Ural (-$0.20-0.30/MT), th...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.