Milling Wheat Ukraine's wheat export ban has yet to be made official. The government has been criticized by both the EU and the IMF after last month announcing that exports would be stopped effective 15 November. Exporters fear that the government will find alternative ways to stop exports if it decides not to officially impose a ban.The EU allocated 421,000 MT of wheat export licenses, bringing the cumulated total to 5.75 MMT versus 5.5 MMT allocated at the same time last year. Brussels voted yesterday to extend the "zero duty" on the 2.4 MMT imports under the tariff-rate quota until the end of the 2012/13 campaign.Lebanon purchased 25,000 MT of Ukrainian wheat at $364.45 and 25,000 MT of Russian at $376.45 for November/December shipmen...
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.
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...