Regional News Global grain and oilseed markets are reacting to several shocks that occurred last week, most notably the EPA’s surprise bullish renewable fuel obligations for the U.S. and the Israel-Iran conflict. Oil futures are sharply higher on the Middle East conflict that threatens to draw the U.S. and other nations into a regional conflict. Too, rising energy prices are causing prices for fertilizer to increase and the location of the Israel-Iran conflict threatens the resumption of freight traffic through the Red Sea again. Trade body COCERAL raised its forecast of the 2025 combined grain harvest to 300.7 MMT due to larger soft wheat and barley output in southern Europe and France. The EU corn crop was trimmed due to...
Macro: Treasury Squeezes Yields, the Dollar Gives Way Today’s markets are offering a lesson in pressure: it rarely disappears — it simply moves. The U.S. Treasury stepped into the bond market after long-term yields surged to levels not seen in nearly two decades. By announcing plans...
Key Takeaways: Weather conditions in Europe have continued to deteriorate following both the EU MARS’ latest balance sheet update and the August WASDE, leaving “official” estimates lagging behind the reality observed on the ground. WPI’s models anticipate a 4 perc...
Russian Grain Markets: 10–14 August 2026 The Russian grain market continued to weaken sharply during the second week of August as the Black Sea logistics situation deteriorated. Russia and Ukraine continued exchanging drone and ballistic attacks on seaports, infrastructure and commercial...
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.