Russian Grain Markets: 3-7 May 2021 Corn, barley, and wheat prices on the domestic market grew following global trends. The export milling wheat average price grew to $276/MT FOB Black Sea. The average purchase price grew to RUB 15,600/MT CPT-port Black Sea. Feed barley average export price grew to $248/MT FOB Black Sea; the average purchase price grew to RUB 16,100/MT. Feed corn average export price skyrocketed to $286/MT FOB Black Sea. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central and Ural regions (+RUB 25-30/MT), Black Soil and Southern (+RUB 100-115/MT), Volga Valley (+RUB 75/MT), and Siberia (+RUB 50/MT); 4th grade soft milling wheat prices also grew in all regions: Central and Southern (+RUB 50-65/MT), Vol...
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.