Regional News The Ukrainian government announced last week that, after a review of its new grain export corridors, it expects to export 3 MMT of grain monthly from the Black Sea. It expects to reach that volume by early September. Algeria secured 700 KMT of wheat last week at a price of $384/MT CNF. France was the primary supplier but Russia also contributed some volume. Milling Wheat World wheat markets are mixed to start the week with U.S., French, and Germany valued lower while Russian and Romanian offers are slightly higher. The resumption of wheat and grain exports from Ukraine has pressured U.S. and European offers, especially as the harvest wraps up in both regions. China continues to buy French milling wheat a...
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.