The EU has now allocated 22.7 MMT of wheat export licenses versus 15.1 MMT a year ago, and its wheat balance will be dangerously tight at the end of the campaign if the final total approaches 26 or 27 MMT. Milling Wheat The Black Sea market remained mostly unchanged last week without any major trades reported. Shipments from Russian and Ukrainian ports continue without significant disruption from the political tensions. Weather conditions are generally favorable in Eastern Europe for the winter wheat development and spring wheat plantings.Algeria purchased 300,000 MT of French wheat last week at around $317/MT. Tunisia bought 50,000 MT of optional origin wheat for about the same price as Algeria paid. The Tunisian sale price was con...
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.