Key Takeaways
Weather conditions in China and India are deteriorating and threatening the wheat crops. Drought conditions in China are not without precedent, and modeling efforts suggest a modest 1.5 percent yield reduction vs. 2025. India’s wheat yields are forecast to fall 3 percent and pare back production to 116.3 MMT. China’s wheat demand is likely to contract slightly due to poor livestock profitability and reduced human consumption. China’s wheat ending stocks for 2026/27 are forecast to be only slightly less massive than normal, suggesting no serious supply shortage risk. WPI’s supply and consumption forecasts indicate no threat to either Chinese or Indian supplies for 2026/27 and limited risk of dynam...
What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
