Argentine farmers are considering how to be strategic next season with low domestic prices and limited credit. During the past few crop cycles, they switched from wheat to barley and then back to wheat, which did not work out. Wheat farmers south of Buenos Aires have been placed in a difficult situation by excess rains that have decreased the protein content to a level below export standards. There are no vessels to load at Necochea or Brazilian millers interested in this low quality wheat. Wheat from Upriver is also suffering from low test weights.Argentina's Agricultural Ministry estimated in its last report that there will be a wheat export surplus of 7.2 MMT and ending stocks of 2.5 MMT. Exporters have purchased approximately 4.5 MMT in...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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.