Regional News Morocco is rumored to be suspending its import duty on soft wheat starting 1 November to ensure sufficient domestic supply and maintain low consumer prices. Morocco currently applies a 135 percent import tariff to protect its domestic producers, though traders say domestic production cannot satisfy the country’s use. The Moroccan government has not yet confirmed the news. Ukraine’s grain exports are up 14 percent YTD at 10.8 MMT, which includes 6.2 MMT of wheat, 3 MMT of barley, and 1.5 MMT of corn. The country’s 2021/22 total grain export program is forecast at 60.7 MMT, up from 44.7 MMT last year. Milling Wheat World wheat markets are mixed to start the week with eastern Europe and Black Sea...
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.