Milling Wheat World wheat markets are under pressure from USDA’s December WASDE, which increased global 2021/22 ending stocks due to larger production in Australia, Russia, and Canada. The production increases offset higher use expectations and worked to pressure world markets Friday and early Monday. Physical UK wheat prices are lower in tandem with futures market, though prices remain high from a historic standpoint. Logistical issues are likely to increase in the UK in the coming weeks as farmers will shut down for the holidays and truck availability remains limited. There is speculation that prices for spot delivery will increase substantially over the last-half of December, which may offer producers an excelle...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.