Milling Wheat The Black Sea milling wheat market has been very quiet this week. The weather in southeastern Ukraine and Southern Russia has been dry. If the drought persists, the yields could be affected.The Lebanese government purchased 50,000 MT of Black Sea wheat, including 25,000 MT of Ukrainian wheat at $298.14 and 25,000 MT of optional Romanian/Ukrainian/Russian wheat at $281.90.The EU allocated 176,000 MT of wheat export licenses this week, bringing the total for the campaign to 11.65 MMT versus 17.04 MMT allocated at the same date last year. The EU has not decided yet whether import duty under TRQ will be zero or 12 euros starting from July.The market in Bulgaria and Romania is quiet. The remaining wheat surplus in Romania is abo...
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.