Regional News Ukraine is increasingly becoming the dominant supplier of grains from the Black Sea region. Ukrainian grain exports are up 49 percent YTD at 1.7 MMT, with wheat exports down just 3 percent YTD. Ukraine’s early-season exports have benefitted from Russia’s export taxes and tight Russian supplies/slow origination that are making Russian offers hard to find. The EU Commission’s MARS crop monitoring unit said recent heavy rains and flooding in France, Germany, and Ukraine will reduce wheat quality rather than yields. That would imply a higher supply of feed-grade wheat and possible supply tightness in milling-grade wheat for domestic use and export. The EU Commission pegged the EU-27 2021 whea...
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.
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...