Russian Grains Market: 20–24 October 2025 The Russian grains market remained relatively stable with divergent regional trends. European Russia exhibited bearish sentiment due to exportable surplus, while Asian Russia showed signs of price recovery, though uncertainty persists. The bearish outlook in Kazakhstan could soon pressure wheat prices in Asian Russia. The Russian Ministry of Agriculture projects grain exports at 50 MMT for the 2025/26 season (July–June), down from 53 MMT in 2024/25, which included 44 MMT of wheat. As of last week, the grain crop reached 135 MMT in bunker weight, up 9 MMT year over year. Wheat production rose 7.8 percent to 93.5 MMT, and barley increased 15.4 percent to 20.5 MMT. Corn, rice, and buckwheat...
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.