Regional News Last week, the Balkans and Ukraine saw unseasonably warm weather with moderate rainfall while Russia saw cold weather with light precipitation. The current forecasts call for cooler temperatures in France and Spain, but warmth in the UK and from Poland eastward (with the exception of the Balkans, which turn cool again). Precipitation levels will remain light and below normal for most of the continent. Turkey set duty-free import quotas of 1 MMT of sunflower seeds and 400 KMT of sunseed oil for the period 1 January through 30 April 2025. The import tariffs on these products previously were 12 and 20 percent, respectively. Milling Wheat Wheat markets were highly variable last week with U.S. futures decl...
What You Need to Know Today: Attention is turning toward Friday's USDA WASDE report, with traders looking for updated corn and soybean production estimates and revisions to domestic and global supply-and-demand balances. The report could help establish a clearer direction for grain price...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e. lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the ma...
Key Takeaways: Lamb and goat tariffs protect market share, not prices. The flock is too small to respond quickly, and the burden depends on origin: 12.5 percent on Australia and New Zealand, reportedly 37.5 percent plus the base rate on China. Wool is most exposed via the export side. The U.S...
From WPI Consulting
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.