Milling Wheat Wheat markets remain under pressure as Western Europe and Black Sea exports battle each other and the American markets for export demand. Paris Matif futures were sharply lower last week and scored new contract lows and a post-WASDE rally on Friday brought additional selling pressure on Monday. EU exporters are facing increased competition from Russia as firms there try to accelerate shipments ahead of the 15 February implementation of the export quota. The export quota may not impact grain flows significantly as it would still permit over 5 MMT per month to leave Russia. Additional pressure is coming this week from yet-unconfirmed rumors that Russia’s government lowered the “minimum/suggested” wheat e...
What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...
In a recent social media post, R-CALF unveiled its latest cattle market plan: “contracts that bind producers before establishing a base price, then tie that price to future negotiated cash transactions, should be prohibited.” That proposal aligns with recent legislation by Represent...
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
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.