Regional News The latest weather forecasts predict above normal temperatures for nearly all of Europe (except France) and the Black Sea this week with significant heat developing in Scandinavia. Fortunately, precipitation will also be above-average for most of Europe (except Spain, Scandinavia, and the UK), which will keep crop stress to a minimum. The rains will likely delay winter crop harvest in parts of France, however, which is a trend that needs to be watched. The warmer/drier weather in the Black Sea has allowed harvest to progress earlier than usual. Belarus’ president Alexander Lukashenko said the country should ban the export of rapeseed to “regulate the prices” of the commodity. The governme...
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...
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.