Regional News The weather over Eastern Europe and the Black Sea continues to be warm but with favorable rains. Western Europe will remain dry, however, Ukraine’s grain harvest is 70 percent complete with only 12 percent of the corn crop harvested so far. Corn yields have been above average at 5.97 MT/ha. Black Sea wheat could again be competitive in a Bangladeshi tender for 50,000 MT of wheat that is set to close on 6 October. Bangladesh, which has been increasing its wheat imports as consumer incomes rise and preference shift from rice to bread and other wheat-based products, has increasingly turned to the Black Sea as its major wheat supplier. Russia was the winner of Bangladesh’s last recorded purchase on 30 July for...
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.