Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s cereal production in 2025 has improved due to better rainfall, according to the FAO, with wheat production up by 8.7 percent to 1.25 MMT and barley production up by 26.7 percent to 380,000 MT. Cereals imports for 2025/26 are expected to drop to about 3.6 MMT, down by about 5 percent, with 2.0 MMT being wheat imports. Turkish maize farmers in the Izmir area are switching to growing sorghum due to its much higher drought resistance. The Izmir area is very important in the Turkish dairy industry as it is the home to 480,000 dairy cattle that normally consume as much as 3.45 MMT of corn silage – drought has made the corn silage production much less profitable...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.