Egypt was reportedly negotiating with Russia on a purchase of 1 MMT of wheat but has now gone to an international tender. Meanwhile, Tunisia tendered for 100 KMT of there were no offers from Russian trading houses. The trade believes Moscow has put a brake on wheat exports through an unofficial minimum price to reduce domestic flour prices. Domestic prices in Russia have been inflating at double digits, no doubt pressured by the impacts of the war and various sanctions by the West. However, Russia has also been exporting a higher percentage of its wheat crop. The pace this year is for over half the wheat crop to be exported, and this is true whether using Russia’s production number of 91 MMT, or USDA’s lower forecast of 8...
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...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Russian Grain Markets: 8-12 June 2026 The Russian grain market was highly volatile during the week. The export market, the primary driver of domestic prices, remained stagnant, and bearish sentiment persisted. Weaker demand and expectations for a strong upcoming harvest encouraged exporters to...
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.