Due to Christmas and New Year holidays, there is no Russian markets report this week. Kazakhstan's 2011 Harvest Results In 2011, there were 29.96 MMT of grains and leguminous crops harvested in Kazakhstan, of which 22.73 MMT (84.3 percent) were wheat. Of the total amount, 29 percent was harvested in the Severo-Kazkhstan oblast, 29 percent in Kostanayskaya and 25 percent in the Akmolinskaya oblasts. Kazakhstan also harvested 1.14 MMT of oil-bearing crops. Russia's Wheat Export Prices Continued to Grow until New Year Before 1 January, Russian grain market prices continued to grow. In European Russia, the average market price for 3rd grade wheat was $190/MT, $185.50/MT for 4th grade wheat and $165/MT for 5th grade wheat.The price increas...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.