Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Wheat buyers in the MENA region will have to get used to higher prices for Russian wheat as farmers are holding back on selling wheat and Russian export prices have moved about 12 percent higher in the past few weeks. Reports in Russia say that farmers have sold about 50 percent of their stocks. Farmers would reportedly rather hold stocks of wheat than corn or sunseed as wheat is easier to store, so they are concentrating on selling those items. However, traders expect Russian wheat exports to pick up in January once the maize/sunseed business slackens. While it is not region specific it is important to note that, according to FAO statistics, 78 percent of all soybeans grown world...
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.