Regional News Morocco is rumored to be suspending its import duty on soft wheat starting 1 November to ensure sufficient domestic supply and maintain low consumer prices. Morocco currently applies a 135 percent import tariff to protect its domestic producers, though traders say domestic production cannot satisfy the country’s use. The Moroccan government has not yet confirmed the news. Ukraine’s grain exports are up 14 percent YTD at 10.8 MMT, which includes 6.2 MMT of wheat, 3 MMT of barley, and 1.5 MMT of corn. The country’s 2021/22 total grain export program is forecast at 60.7 MMT, up from 44.7 MMT last year. Milling Wheat World wheat markets are mixed to start the week with eastern Europe and Black Sea...
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...