Regional News Ukraine’s spring planting has reached 13.182 Mha, 78 percent of the expected acreage. Of that, 4.553 Mha were sown to corn (83 percent of expectations) and 4.574 Mha were planted to sunflower seeds (70 percent of the expected area). South Korea’s POSCO International announced the firm intends to import grain from Ukraine via land routes from the western portion of the country. Algeria purchased 90 KMT of wheat at $480/MT CNF for July-August delivery last week. Milling Wheat EU and UK wheat futures followed the CBOT’s selloff last week, falling €26/MT and £21/MT, respectively, last week. The week’s declines came amid rumors and discussions of Russia allowing Ukrain...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.