Regional News European consultancy COCERAL issued its latest series of crop forecasts on 25 September. COCERAL left its forecast of the EU wheat crop nearly unchanged at 129.2 MMT, while lowering the EU 2020 barley crop to 61.3 MMT, down from 62.5 MMT in earlier forecasts. The EU 2020 corn crop was pegged at 62.8 MMT, down from prior forecasts of 64.6 MMT due to hot dry weather across most of the major producing countries. The EU-27 rapeseed crop was estimated at 16.18 MMT, in-line with prior forecasts and up slightly from 2019’s 15.25 MMT crop. Drought continues to afflict most of eastern Europe, southern Ukraine, and southern Russia. The crop-masked NDVI (a statistical measure of crop health as measured by satel...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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...
From WPI Consulting
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.