Weather The weather was the primary focus for South America’s grain and oilseed markets last week. Argentina’s wheat yields continue to be negatively affected by the ongoing drought, and the summer crop outlook is dimming for the same reason. Different agencies are already estimating a wheat crop of 15 MMT in the best-case scenario. The effect of the frost on 8 and 9 October is now being realized and is larger than expected. The first wheat fields are now being harvested in the north of the country with yields below expectations. In the nucleus region, yields are expected to be fall below 2 MT/ha. Finally, the south is the best performing area and yields will only be slightly affected. Can the production estimate...
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...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.