Regional News Southern Germany and parts of France and Italy will receive favorable precipitation this week, as will Bulgaria and Romania. The latter countries will benefit greatly from the rainfall as it will offer a reprieve from mild drought conditions. The 10-14-day forecast offers heavier rains for the UK, France, and Germany but only modest amounts for Southeast Europe. Favorable snowfall is expected across southern Russia this week that will aid the winter wheat crop. The 10-14-day forecast remains dry for Ukraine and Russia. Overall, the Russian winter wheat crop is in better shape than last year, with 4 percent rated in “bad” condition, versus 8 percent in 2019. Generally poor weather in Romania has prompted the...
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.