American farmers like to think they are innovative but when it comes to GMO wheat, it was Argentina that was the first mover. Bioceres’ drought resistant wheat has now been approved in Argentina, Australia, Brazil and the U.S. Given the impacts of climate change, it is likely to find approval in many other countries. Credit should be given to Argentina for taking the risk. Argentina is not the largest wheat exporter, but it had more to lose than some of their competitors. U.S. wheat farmers are dependent on export markets for 45 percent of their wheat, versus nearly 70 percent for their Argentine counterparts. Yet, U.S. wheat told the seed companies to not go GM unless they first got approval in most major wheat importing count...
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
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.