Milling Wheat The Black Sea market was mostly unchanged without significant activity. The Russian government has not yet announced the timing and the volume for the intervention tenders. The market believes that the tenders will start in October with a total volume of around 5 MMT. Ukraine has completed the wheat harvest. According to the Agriculture Ministry, the final size of the crop is 22.6 MMT, which is about 1 MMT higher than initial expectations.The EU allocated 546,000 MT of wheat export licenses last week, bringing the total to 5.7 MMT versus 2.9 MMT allocated at the same time last year.The Bulgarian and Romanian wheat market is firm as a result of slower farmer selling. They have sold more than 70 percent of their wheat and a...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.