Regional News Russia is expected to ship 28,000 MT of wheat to Algeria this month, the first shipment of wheat since December 2016. Russia has been lobbying for access to the Algerian market for years, a goal now possible after Algeria relaxed its bug damage tolerance levels last October. Russian access to the Algerian market will directly compete with European wheat exports. Europe is slated for widespread and meaningful rains this week, which will help end a recent dry streak across central and northern Europe. The UK, France, and the Black Sea region have all seen steady precipitation in recent weeks, aiding crop production potential. On Monday, the European Commission released its June yield forecasts, which reflected wid...
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.
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...