The Australian wheat harvest has all but begun, with deliveries in Western Australia and Queensland. Harvest is not expected to begin in earnest for another few weeks, but early indications are that yields are down on last year and wheat quality remains to be seen. In the west, dry conditions are likely to "compress" the harvest period and grain handlers are asking growers to be patient when delivering grain. In eastern Australia, milder conditions appear to be pushing harvest back slightly.A significantly drier-than-average second half of the winter cropping season has sharply cut yield potential from the more typical 2.0 MT/hectare to around 1.7 MT/hectare. This has cut wheat production levels in all states except Queensland. Western Aust...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.