Wheat The wheat market has, so far, been immune from the effects of Argentina’s new export taxes. Internationally, supply/demand factors for major wheat exporters (the U.S., Australia, for example) are becoming more complicated and the Brazilian crop is coming in slightly below expectations. Given all this, international futures markets are retaining their bullish trend. In Argentina, local prices have been rising slowly as harvest is finishing. Usually, this is the seasonal low point for prices, and they start to increase in April/May. The market has been trading near $170-174/MT FAS since October, but has started to heat up and spot positions are now trading above $205/MT while March delivery is $215/MT. For now, the p...
Key Takeaways: Global vegetable oil production continues to expand, but the major oils are being driven by very different supply, demand, and trade dynamics. Palm oil faces heavy near-term supply pressure from rising Malaysian inventories, while Indonesia’s B50 mandate and El Niño...
Russian Grain Markets: 28 September–2 October 2026 During September, the Russian grain market clearly divided between export demand in the Baltic and Caspian seas. While Caspian business is still developing, Baltic business is showing greater stability and is becoming an important indicat...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.