Regional News World wheat and commodity prices remain on the defensive as 2022/23 wheat shortage estimates are less dire than previously predicted and as rising interest rates look to curb global commodity demand. The U.S. and European central banks, along with several others, continue to discuss raising interest rates to fight inflation, a monetary policy that will likely curb world commodity demand. Consequently, and when combined with the lack of major weather disruptions in key producing countries so far, grain and oilseed markets have pulled back sharply from recent highs. Western and central Europe will remain under a searing heatwave for the next two weeks with minimal precipitation available to support crops. The regio...
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.