Russian Grain Markets: 14 – 18 April 2025 Crop Outlook 2025 Russian Prime Minister Mikhail Mishustin announced that around 90 percent of all winter crops are in good and satisfactory condition. According to Mr. Mishustin, winter crops cover around 20 million ha (Mha). He is expecting that domestic seed business will further remove imported seeds for key agricultural crops. The Russian government provides crop insurance subsidies, and it plans to expand the program for 2025 at a value of RUB 7 billion. The Ministry of Agriculture forecasts the overall crop area in 2025 at 83.7 Mha which is 1 Mha larger than in 2024. Spring crops should cover 28,833,800 ha versus 28,930,300 ha a year ago. Last week, the grain market was extremely volati...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.