Milling Wheat Some limited offers for Ukrainian and Russian wheat can still be found for December/January, but buyers are very reluctant because of the risks involved. The Ukrainian government still has not implemented an official export ban, but it is "advising" exporters to stop exporting wheat.The EU allocated 712,000 MT of wheat export licenses this week, bringing the total to 8 MMT versus 6.6 MMT allocated at the same time last year.The market in Romania and Bulgaria has been more active lately due to the shrinking liquidity in Ukraine and Russia. Egypt bought a cargo of Romanian wheat. Several cargoes of Bulgarian wheat have been shipped to the UAE (Dubai). As domestic prices are rising, the farmers are selling scale-up in order to...
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...
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.