Although old crop wheat on the Black Sea market is now offered at competitive levels versus French and German origins, demand is very difficult to find. Meanwhile, the level of precipitation in southern Russia is expected to impact the current crop production. Milling Wheat The Black Sea market was quiet last week. Old crop wheat is now offered at competitive levels versus French and German origins. However, demand is very difficult to find. New crop (July) 12.5 percent protein Russian wheat traded at $206/MT on Friday after trading at $193-$195/MT a few days earlier. The market is closely monitoring weather developments in Russia and Ukraine. The cumulated precipitation in southern Russia remains well below the normal level. Estimates of...
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.