The EU wheat (French, German and Baltic, etc.) remains more competitive for most destinations versus Russian and Ukrainian origins. Russia's remaining surplus is significant (approximately 10 MMT), but farmers are currently not willing to discount pricing. Milling Wheat The Black Sea market was quiet last week without any significant trades reported. The EU wheat (French, German and Baltic, etc.) remains more competitive for most destinations versus Russian and Ukrainian origins. Russia's remaining surplus is significant (approximately 10 MMT), but farmers are currently not willing to discount pricing. On 30 September, the Russian government began buying wheat in the domestic market as an effort to support prices.Egypt's GASC purchased 12...
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.