Milling Wheat The Black Sea market is firm as it gained about $4 in one week. Domestic prices in Russia are steady to slightly higher, and the ruble was higher with the recovery of the crude oil market. The main reason that Russian wheat continues to rally is that there is no longer any significant pressure to move it out. Exports at the end of January reached about 24.5 MMT, which is approximately 70 percent of the estimated total for the year. With five months remaining until the new crop, farmers and exporters are less aggressive in selling their remaining stocks. The EU reported only 82,000 MT of exports last week, bringing the total since the start of the campaign to 12.8 MMT versus 15.9 MMT at the same time last year. Algeria has a...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.