USDA’s wheat outlook – is for lower U.S. exports, reduced domestic use, and increased ending stocks. The NASS Grain Stocks report, issued March 31, implied less feed and residual disappearance for both the second and third quarters than previously estimated. U.S. wheat exports are cut 15 million bushels. Despite the larger ending stocks, the projected season-average farm price is raised $0.05 per bushel to $4.60 on updated NASS data as well as surging nearby cash and futures prices. The 2019/20 global wheat outlook is for slightly higher supplies, but reduced trade and utilization. Global production is lowered fractionally with several small mostly offsetting changes. ...
What You Need to Know Today: As was widely expected, the Federal Reserve raised interest rates by 25 basis points to a target range of 3.75–4.00 percent, its first rate increase since 2023, as policymakers respond to persistent inflation pressures. The Fed also signaled that additi...
Key Takeaways: USDA data access is equal; the ability to use it is not. Larger operations can afford experts who turn public reports into business decisions. Analytical capacity is the true advantage. Forecasts matter only when converted into profit, purchasing, and risk-management decisions...
Russian Grain Markets: 7–11 September 2026 During the first week of September, the Russian grain market remained volatile but predominantly bearish. Among the few commodities that continued to show a bullish trend was rye, which is in short supply this year and has few offers available. I...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.