Regional News Ukraine’s spring planting has reached 13.182 Mha, 78 percent of the expected acreage. Of that, 4.553 Mha were sown to corn (83 percent of expectations) and 4.574 Mha were planted to sunflower seeds (70 percent of the expected area). South Korea’s POSCO International announced the firm intends to import grain from Ukraine via land routes from the western portion of the country. Algeria purchased 90 KMT of wheat at $480/MT CNF for July-August delivery last week. Milling Wheat EU and UK wheat futures followed the CBOT’s selloff last week, falling €26/MT and £21/MT, respectively, last week. The week’s declines came amid rumors and discussions of Russia allowing Ukrain...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...