Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Grain importers in the region were very interested in Russia’s announcement of its new export taxes. From 2 June, wheat will be taxed at $28.10 MT which is $32.59 MT less than the current tax. Barley exports will be taxed at $39.60 MT an increase of $12.14 MT while corn will be at $52.20 – up by $21.85 MT. Taxes are based on a seven-day average index price with the tax revised each week. Iran is reported to be shopping for milling wheat, feed wheat, and corn due to this year’s crops being lower than expected. Feed wheat is being looked at in place of corn for animal feed use due to the current very high corn prices. It has also been mentioned that Iran may al...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
Russian Grain Markets: 4 - 8 May 2026 During the week under review, the Russian grain market began showing more bullish sentiment despite the traditionally slow pace of business during the May holiday period. Russia celebrates several holidays during early May, with Victory Day on 9 May being t...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.