Farmers in Bulgaria and Romania will start planting winter wheat in the coming weeks, and planting conditions are optimal. The soil moisture is abundant after the excessive rains over the last three months. Milling Wheat The wheat market in the Black Sea region remains about unchanged from last week. The market in Bulgaria and Romania remains without any trades reported over the last few weeks because farmers are refusing to sell at current levels. The majority of the remaining wheat is has low quality parameters (low test weight and falling numbers), and farmers are refusing to sell their wheat as feed wheat due to its huge discount to milling wheat this year with the hope that they will be able to sell at higher prices late...
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.