Turkey reports that this year’s wheat production will be a record 23 MMT, but imports will continue. This is because quite a bit of the crop is of low quality and needs to be blended with higher quality imported milling wheat.
Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS As detailed in the Weekly Tender section below, Egypt’s GASC bought 240,000 MT of French, Polish and Romanian wheat this week, which will enable its reserves to cover needs to April 2016. The euro’s recent drop in value has made European wheat much more competitive in USD wheat tenders with the aforementioned Egyptian transaction an example. Russia’s higher domestic wheat prices have pushed up export prices to the point that...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
