Stats Canada issued its estimate that 7 million acres (2.83 million hectares) will be planted to barley this year. That is 15.6 percent less than last year and 9 percent lower than the average estimate of the trade. Instead, farmers will be planting more durum and oats due to their higher potential return. The area planted to barley has been trending lower for many years. Over the past couple of decades, Canada’s share of globally traded barley has dropped from nearly 23 percent to 11.5 percent of the total. Instead, the EU, Australia, Russia and Ukraine have taken over dominance in supplying the world with barley. However, this skews the fact that Canada remains the world’s second largest export supplier of malt barley,...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.