The market in Bulgaria and Romania is firm in sympathy with the MATIF rally. Both countries still have about 10 percent of the total surplus, and the cheapest offer in one particular country's tender was Romanian origin. However, the result has not yet been announced. Milling Wheat The Black Sea market was again supported last week due to the lack of farmer selling and logistical challenges on roads, rivers and seaports because of icy conditions. Russia has exported about 18 MMT so far in this campaign, which is very close to the volume as of this date last year. Its remaining exportable surplus on paper is over 12 MMT. However, based on the current export pace and demand from major destinations for the next five months, it seems very unl...
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.