Milling Wheat The Black Sea wheat market is roughly unchanged despite the volatility in the U.S. and the EU. The weather in Russia improved this week as the forecasted rains for the end of May have started to materialize. The rumors that Russia may restrict grain exports (as it did in 2010) have been forgotten for the time being. The size of the Russian crop is estimated at around 52-53 MMT (versus USDA's 56 MMT). One of the major Russian analysts, Sovecon, is estimating wheat exports in 2012/13 at 14 MMT, about 7 MMT less than in the current campaign. The Ukrainian wheat crop is estimated at 13-14 MMT, about 7-8 MMT less than last year's, which means that the wheat exports in 2012/13 will be very limited. Kazakhstan has been hit by one...
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.