Substitution of Feed Wheat for Corn Continues to Surge on High Corn Prices Fueled by record corn prices and abundant wheat stocks totalling 50 MMT, substitution of feed wheat for corn has expanded dramatically this year, especially in Southern China where corn prices are highest. In Guangdong, feed wheat is currently priced 200 yuan/MT lower than corn. High quality imported feed wheat is reportedly priced 150 yuan/MT lower than corn in Southern China, which has pushed China's wheat imports in 2011/12 to 2.1 MMT (through March), the highest level since 2005. While total feed wheat consumption estimates are difficult to obtain, Bric Agricultural Consultants forecasts the total substitution of feed wheat for corn will be far above last year's...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.