Regional News Iran’s grain supply association stated it expects to import 8 MMT of wheat this year due to supply shortages in the country. Much of the wheat is expected to come from the Black Sea region and will represent a huge increase over the 1 MMT of imports last year. Ukraine’s grain exports total 16.5 MMT so far in MY 2021/22, up from 14.8 MMT this time last year. To date, Ukraine has exported 10.7 MMT of wheat, 4 MMT of barley, and 1.5 MMT of corn. Egypt’s supply ministry said the country has enough wheat on-hand to meet five months of its domestic needs. That is likely to turn Egypt into a more patient, opportunistic buyer. Milling Wheat Global wheat prices continue to rise after the U...
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.
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...