Milling Wheat The Black Sea wheat market remained very quiet this week with no significant trades reported. The weather in Southern Russia improved as the long awaited rains finally appeared this week. These rains have certainly helped part of the crop in the drought affected region. However, according to local sources, the rains came too late to salvage crops in some locations. The reports about the Russian crop prospects have been confusing this week. Some analysts said that the crop will be unchanged from last year (around 56 MMT), while others are estimating a reduced yield of 52-53 MMT due to the drought in May. It seems optimistic to call the crop unchanged since the crop in the South was under stress for an extended period of time...
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.
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...