The 12.5 pro Russian wheat has moved up about $3 in the past two weeks, but it remains the cheapest origin by far for this quality. As a result, buyers from one specfic region are switching from a different origin. Milling Wheat The 12.5 pro Russian wheat has moved up about $3 in the past two weeks, but it remains the cheapest origin by far for this quality. The demand for it at current prices is growing from both traditional and non-traditional destinations with many Asian buyers switching from Australian origin due to the recent rally of its prices. Although the Russian wheat price doesn’t need to drop to find additional demand, the record high crop and stocks in Russia will continue weighing on the domestic market there until at least...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.