Wheat ARGENTINA The old crop wheat market showed some movement once again. Demand came from African countries, with North Africa taking 11.5 percent protein at $251/252 while 12.5 percent protein traded to South Africa and other neighbor countries at $258/259.This week the market showed less movement; only a cargo of 12.5 percent protein was traded at $259. The market closed with 11.5 percent protein offered at $253/252 for April; demand was willing to pay $249 for spot positions. There are several requests for 12.5 percent protein, May and June shipment, with sellers offering $260 and willing to take close bids. Demand remains in the low $250s for this quality. There are further enquiries for deferred positions, although the CBOT's dro...
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.