News that Russia will be applying export duties, quotas, or potentially a combination of both to its wheat market and potentially other food-related products sent CBOT wheat sharply higher on Friday. The Russian government is working to fight increasingly severe food inflation by slowing exports of wheat, soyoil, and sunflower seeds/products. Global vegoil prices are continuing to soar higher on the news that Russia could drastically slow/stop the export of sunflower oil. Notably, any export quotas will have to be published in Russia’s Federal Register for 30 days before taking effect. Consequently, export taxes are the more immediate threat to the markets. The Russian news sent CBOT and KC wheat sharply higher, at times postin...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.