Wheat ARGENTINA These days, wheat sellers have been concentrating on North African demand. In the Egyptian tender, 11.5 percent protein Argentine wheat was sold at $256/MT FOB Panamax. Algeria and Morocco were active buyers as well, paying $250-MT FOB for April or May shipments. Buyers are willing to bid at $250, which seems to be quite low. The premium for protein is shrinking every day; the remaining wheat crop quality is above average. URUGUAY The market in Uruguay is done; there is nothing available to sell. Logistics will concentrate on soybeans until June. PARAGUAY There is no Paraguayan wheat available at the current levels. There are stocks of excellent quality, but sellers are waiting for better prices in the market. BRAZI...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.