Milling Wheat The weather in Eastern Europe is favorable for the development of winter wheat. After the recent rains in Ukraine and southern Russia, the market has been expecting a 35 percent increase in the size of the crop. Despite this optimism, weather risks should not be underestimated -- especially in northern Russia's spring wheat regions, where planting has just been completed. However, a repetition of last year's weather-related disaster definitely can be excluded. If all goes well, the Ukrainian wheat crop could exceed 20 MMT and the resulting surplus could be about 8.5 MMT, about 2 MMT larger than the surplus in the current campaign. If current projections of 53-55 MMT of Russian wheat production are accurate, exports in 2013/...
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.