The EU has now allocated 22.7 MMT of wheat export licenses versus 15.1 MMT a year ago, and its wheat balance will be dangerously tight at the end of the campaign if the final total approaches 26 or 27 MMT. Milling Wheat The Black Sea market remained mostly unchanged last week without any major trades reported. Shipments from Russian and Ukrainian ports continue without significant disruption from the political tensions. Weather conditions are generally favorable in Eastern Europe for the winter wheat development and spring wheat plantings.Algeria purchased 300,000 MT of French wheat last week at around $317/MT. Tunisia bought 50,000 MT of optional origin wheat for about the same price as Algeria paid. The Tunisian sale price was con...
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.
What You Need to Know Today: It was just one of those days where seemingly everything was in the red as part of a broader risk-off economic sentiment amid de-escalation headlines in the Middle East. Other key fundamentals were also bearish, including the resumption of Mexican cattle imports an...
Key Takeaways: U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026, though rising cost pressures and pullbacks in cattle prices increase risks. Drought remains a key concern for much of the cow-calf industry this year, with rising feed cos...
Wheat Argentina's wheat planting advanced another 5.7 percentage points over the past week, reaching 97.7 percent of the projected 6.5 million hectares despite persistent rainfall across the country's agricultural region. Planting is now complete in the western production areas and the Northern...