Wheat There are interesting dynamic’s with Argentina’s old crop wheat. The first is an escalation in demand, not only from Brazil but also from various African countries. With supplies limited due to government restrictions and booming demand, FOB prices started to rise. The May/June Upriver 11.5 percent protein positions rose about $15/20/MT during the first two weeks of April. Then the biggest increases occurred with an additional $35/MT rally in the last two weeks. Consequently, May shipment went from $375/MT to $435/MT while June went from $385 to $440/MT. In the middle of these increases, there was good volume traded in the FOB market to multiple destinations, but Brazil was always in the lead. At the end of last we...
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.