USDA’s June outlook for 2026/27 reduced the U.S. average wheat yield by 0.5 bushels per acre to 47.0 bushels and ending stocks are reduced 18 million bushels to 744 million. However, U.S. wheat exports are unchanged at 775 million bushels The result is 2026/27 season-average farm price is projected $0.50 per bushel lower this month to $6.00 based on expectations for the marketing year. The 2026/27 global wheat balance sheet was raised this month by 1.7 million tons to 1,100 million - due to increase production for Russia, Turkey, and Ukraine. The result is that projected 2026/27 global ending stocks are raised 0.4 million tons to 275.4 million. ...
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.