Recent Developments in Ukraine Approximately 5 percent of the total grain exported from Ukraine is shipped from Mariupol and Berdiansk seaports in the Azov Sea. Martial law has been imposed for 30 days in 10 regions of Ukraine, including all those where seaports are located. The current situation has prompted comments from authorities and market experts there. Mykola Horbachov, president of the Ukrainian Grain Association: If Azov Sea becomes war zone, the Ukrainian sea ports located there will be lost for export of grain. Although the volume of grain shipped from Mariupol and Berdiansk is just 5% of total grain export, redirecting grain cargoes to other sea ports will create additional strain for Urkzaliznytsia (Ukrainian Railways) that...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...