Regional News Russia has shipped two vessels of wheat to Somalia and Burkina Faso as part of the country’s promise to send free grain to Africa. China purchased 66 KMT of feed corn from Ukraine at $248/MT C&F for December shipment. Through 24 November, Ukraine has exported 12.541 MMT of grain in MY 2023/24, down from 16.9 MMT shipped in the prior year. Of that, wheat exports account for 5.68 MMT, corn for 5.865 MMT, and barely for 0.867 MMT. Ukraine’s Prime Minister Denys Shmyhal said early Monday that Russia has stolen over $1 billion worth of grain from the occupied territories of Ukraine. The Prime Minister noted Russia “devised technical measures to seize 12,000 MT of grain daily.”...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.