Milling Wheat The market in the Black Sea remained nearly unchanged this week despite the volatility in the U.S. futures. The focus is progressively shifting towards the new crop. At $255 FOB, the new crop Russian 11.5 percent protein wheat is about $20 cheaper than the French, but it's about $5 more expensive than U.S. SRW.In an effort to keep the domestic market stable, the Russian government sold 147,000 MT of grains this week from the intervention stocks.The EU allocated 279,000 MT of wheat export licenses this week, bringing the total for the campaign to 11.1 MMT. The cumulated export licenses on the same date last year were 16.2 MMT.The weather in Bulgaria and Romania is favorable for winter wheat development. The region received a...
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
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.