Milling Wheat Ukrainian and Russian wheat are not competitive anymore. Some offers for Ukrainian wheat were still available earlier this week. After the export ban was made official, however, buyers retracted because the risk involved in such a trade is considered to be too big.The EU allocated 242,000 MT of wheat export licenses, bringing the total to 4.9 MMT versus 4.5 MMT allocated at the same time last year.The market in Bulgaria and Romania was quiet this week. There was more interest in December shipment for milling wheat and feed grade wheat, but it is difficult to find offers other than those for prompt loading. The decreasing liquidity in Ukrainian and Russian ports will certainly shift demand to Bulgarian and Romanian Black Sea...
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.