Strategie Grains has raised its EU wheat export estimate from December by 2.1 MMT to 29.3 MMT (unchanged from last year) due to Russia's export restrictions. Despite this increase, the EU wheat balance remains very heavy with a high carryout stocks projection. Milling Wheat The Black Sea market was very quiet last week without any significant wheat trades reported as French, German and Polish wheat are simply more competitive origins. Russian exports have slowed down drastically since the start of the New Year. Only 500,000 MT have been exported so far in January. The transport of wheat to the ports remains very slow, and most of the waiting vessels probably will not be able to complete loading before the introduction of the export tax on...
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.