Regional News The European weather is shifting more favorably for crop development over the next week with cooler-than-normal temperatures predicted and rains for the southern portion of the continent. The rains will notably include southern Spain, Italy, the Balkans, and parts of Bulgaria and Romania. The following week also features widespread rains for Spain, southern Europe, and the Black Sea. Temperatures, however, will turn warmer in the 8-14-day outlook and offset some of the rains’ benefit. Overall, the predicted rains will not end the drought in Spain and the country’s crop production remains in peril. Russia has reportedly agreed to renew inspections of grain vessels from Ukraine’s ports of Odessa and Cho...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.