Strategie Grains, the French analytic firm, is forecasting that the EU 2015/16 wheat balance will be heavier than the current campaign for two primary reasons. Milling Wheat The Black Sea market was quiet last week with prices remaining about unchanged. The weather in Ukraine has been generally favorable for wheat development, although it has not been ideal over the past few weeks in southern Russia as the drought in certain regions has been followed by excessive rains and thunderstorms. The forecast calls for more rainfall during the next five-six days, and the wheat quality will certainly be affected if precipitation persists over the coming weeks. The average estimate for the Ukrainian crop is approximately 22 MMT versus last year...
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.