Milling Wheat The market in the Black Sea is quiet with limited activity reported this week. Confident that the total grain exports will exceed the previous estimate of 27 MMT, the Russian government raised its projection to 28 MMT.The Ukrainian government announced that up to 3.5 million hectares of winter grains and rapeseeds acreage would have to be reseeded in the spring with corn. Local analysts and market operators do not quite agree with this assumption. The consensus seems to be that corn acreage will increase by about 0.5 million hectares over last year's acreage. The majority of the damaged winter wheat is in the southern part of Ukraine, which is not the main corn growing region. The farmers in this region probably would prefe...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.