In its December review, Strategie Grains revised its wheat export estimate for the current campaign upward to 24 MMT versus 19.6 MMT exported last year. Milling Wheat The Black Sea market is unchanged and very quiet before the holidays.Egypt's GASC purchased 60,000 MT of Romanian wheat at $317.72/MT and 60,000 MT of Russian wheat at $318.95/MT on a CNF basis for 21-31 January shipment. The lowest offer for French wheat was $326/MT.Tunisia purchased 100,000 MT of optional origin wheat for January/February shipment at $314.89-317.49/MT. At today's prices, the Russian, Ukrainian and French wheat are competing closely for Tunisia.The EU allocated 818,000 MT of wheat export licenses last week, bringing the total to 13.4 MMT versus 9.1 MMT allo...
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
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.