Wheat Argentina’s wheat harvest has started in the northern tip of the country, which was most affected by this year’s drought. Recently, hot temperatures allowed the harvest to start earlier than usual. Yields are even lower than expected at 0.5-2 MT/ha, depending on the field. Despite poor early yields, Argentina’s crop should still total 20.5-23 MMT, depending on which firm you ask. Some parts of the core wheat-growing region need rains, so WPI views 23 MMT as overly optimistic. Crop conditions and soil moisture ratings are nearly unchanged from last week. Fresh precipitation fell in the southern region of Buenos Aires, an area already well-supplied with moisture. There is now a proliferation of fungal di...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.