Ukraine has exported 11.237 MMT of grain as of 27 October 2014 and from the beginning of MY 2014/15. Included were 6.27 MMT of wheat, 1.624 MMT of corn, 3.206 MMT of barley and 137,000 MT of other grains. Russian Grain Markets Harvest Update According to the Russian Ministry of Agriculture, 107.4 MMT of grains and leguminous crops have been harvested on 43 million hectares (95.3 percent of the target) as of 28 October. Included were 61.3 MMT of wheat (2.61 MT/hectare), 21 MMT of barley (2.35 MT/hectare) and 9.4 MMT of corn (4.54 MT/hectare). There were also 8 MMT of sunflower seed produced from 5.6 million hectares (1.43 MT/hectare) and 2.2 MMT of soybeans from 1.6 million hectares (1.36 MT/hectare). Market Trends: 20-24 October 2014 G...
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.