Wheat Argentina’s wheat markets traded a pattern similar to the prior week’s, with small movement in the FAS and FOB markets. Brazilian millers appeared in the FOB market for 11.5 percent protein wheat with LH March and April shipment from Upriver ports. With some demand present, sellers decided to show more attractive offers to execute business. Offers and bids ended about $5-6/MT apart with bids at $260/MT and offers at $265/MT for LH March and $583 versus $263/MT for April. These prices were some $3-5/MT below early-week values. Farmers have already sold 10.3 MMT of wheat, which is more than 60 percent of the total production and recent weeks have seen farmers slow their sales rate. Exporters have purchase...
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.