Regional News China has ended its policy of distinguishing wheat and barley imported from Russia by region, which means all Russian wheat and barley can be exported to China. Previously, only seven Russian regions were approved to export grains to China. The news is another development in continued efforts to improve bilateral trade terms between the two countries. French President Emmanuel Macron is heading to Moscow for geopolitical discussions with Russia. The meetings aren’t expected to produce a major shift in Russia’s aggression towards Ukraine, but could produce further cooling of tensions, which would lean bearish wheat and grain markets. Ukraine has exported 39.2 MMT of grain in 2021/22, up 32 perce...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.